PSCI ACTUAL FINAL EXAM 2025\COMPLETE
QUESTIONS WITH 100% RATED CORRECT
ANSWERS \GRDED A+
Domestic Policy: Consists of all gov programs and
Economic Policy: What
regulations that directly affect those living within the
distinguishes domestic
country
policy from foreign
Foreign Policy: Programs that involve relations with
policy?
other nations
1. Agenda Setting: Increasing visibility of a political
issues so that political leaders take it seriously
(Systematic Agenda: Public outcry, no gov response/
Institutional Agenda: Elected officials take action)
2. Policy Formulation: Debate and discussion by
Economic Policy: What are
political leaders and groups about issues placed on
the stages of the
the policy agenda
policymaking process?
3. Policy Adoption: Passage of laws of public
What do they involve?
officials(Negotiation, bargaining, and compromise)
4. Policy Implementation: Translation of legislation into
set of gov programs or regulations
5. Policy Evaluation: Analysts determine the
effectiveness of the policy
Economic Policy: Certain actions must be restrained by government
Authoritative technique Examples: Parking Tickets
Economic Policy: Offers financial incentive for compliance
Incentive technique Examples: Mortgage Interest and Sin Tax
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Economic Policy: Capacity Provide people with appropriate resources
technique (education and training)
Appealing to people's better instincts
Economic Policy:
Evaluated by: Congressional committees, interest
Hortatory technique
groups, and presidential commissions
Economic Policy: Gross the GNP minus foreign investments
Domestic Product
Economic Policy: Business Alternating periods of economic growth and
cycle slowdowns
Economic Policy: Reduction in GDP growth for 2 quarters or 6 months
Recession
Measured through Consumer Price Index, which
Economic Policy: Inflation
tracks the costs of essentials over a period of time
Economic Policy: Total number of citizens currently seeking
Unemployment. Who is employment but are without a job divided by total
included among the number of people in the workforce
unemployed?
The sum total of gov taxing and spending, which
Economic Policy: Fiscal
determine whether gov revenues exceed
policy
expenditures
The amount by which annual spending exceed
Economic Policy: Deficit
revenue
The amount by which annual revenue exceeds
Economic Policy: Surplus
spending
Economic Policy: Budget The gov's annual plan for taxing and spendingC
Currently, our national debt is more than 21 trillion
dollars
Economic Policy: National
- Our debt levels are serious
Debt
- Not at high as Japan and Italy that have twice as
much
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