1. Week 7 Vocabulary Review

2. Government taxing and spending decisions to manipulate the economy
Fiscal policy Monetary policy Bonds Open market operations Discretionary spending Automatic stabilizer National debt National deficit Progressive tax Regressive tax Proportional tax
Government taxing and spending decisions to manipulate the economy

3. Governments deliberate changes to their spending and tax rates.
Fiscal policy Monetary policy Bonds Open market operations Discretionary spending Automatic stabilizer National debt National deficit Progressive tax Regressive tax Proportional tax
Governments deliberate changes to their spending and tax rates.

4. Fiscal policy Monetary policy Bonds Open market operations Discretionary spending Automatic stabilizer National debt National deficit Progressive tax Regressive tax Proportional tax
Actions that the Federal Reserve takes to manage inflation and economic change.

5. Tax rates that increase as income increases.
Fiscal policy Monetary policy Bonds Open market operations Discretionary spending Automatic stabilizer National debt National deficit Progressive tax Regressive tax Proportional tax
Tax rates that increase as income increases.

6. Formal contract for a loan to the government.
Fiscal policy Monetary policy Bonds Open market operations Discretionary spending Automatic stabilizer National debt National deficit Progressive tax Regressive tax Proportional tax
Formal contract for a loan to the government.

7. Total amount of money the government owes to bondholders
Fiscal policy Monetary policy Bonds Open market operations Discretionary spending Automatic stabilizer National debt National deficit Progressive tax Regressive tax Proportional tax
Total amount of money the government owes to bondholders

8. Tax rates that decrease as income increases
Fiscal policy Monetary policy Bonds Open market operations Discretionary spending Automatic stabilizer National debt National deficit Progressive tax Regressive tax Proportional tax
Tax rates that decrease as income increases

9. Fiscal policy Monetary policy Bonds Open market operations Discretionary spending Automatic stabilizer National debt National deficit Progressive tax Regressive tax Proportional tax
Government buying and selling treasury bonds to change the money supply

10. Tax rates that stay the same as income increases
Fiscal policy Monetary policy Bonds Open market operations Discretionary spending Automatic stabilizer National debt National deficit Progressive tax Regressive tax Proportional tax
Tax rates that stay the same as income increases

11. Total amount the government overspends in a fiscal year
Fiscal policy Monetary policy Bonds Open market operations Discretionary spending Automatic stabilizer National debt National deficit Progressive tax Regressive tax Proportional tax
Total amount the government overspends in a fiscal year

12. Fiscal policy Monetary policy Bonds Open market operations Discretionary spending Automatic stabilizer National debt National deficit Progressive tax Regressive tax Proportional tax
Automatic adjustments to taxes and government spending as the economy changes