Econ

The Department of State conducts __________ and international relations.

foreign diplomacy

The Department of Treasury manages federal ________, revenue collection, and expenditures.

finances

The Department of Defense oversees the __________ and ensures national security.

military

The Department of Justice enforces __________ laws and oversees criminal justice.

federal

The Department of the Interior manages natural resources and __________ lands.

public

The Department of Agriculture oversees farming, __________, and food quality.

forestry

The Department of Commerce promotes economic growth, trade, and __________.

industry

The Department of Labor protects worker rights and manages __________ standards.

labor

The Department of Health & Human Services manages public health and __________ services.

social

The Department of Housing & Urban Development oversees __________ policies and urban development.

housing

The Department of Transportation regulates transportation and __________.

infrastructure

The Department of Energy manages energy resources and __________ security.

nuclear

The Department of Education establishes educational policies and federal ______________.

aid

The Department of Veterans Affairs provides services for __________.

veterans

The Department of Homeland Security ensures public safety and protects against __________.

threats

NASA oversees __________ exploration and research.

space

The EPA protects human health and the __________.

environment

The CIA conducts foreign __________ and national security.

intelligence

The DEA enforces __________ laws.

drug

FEMA responds to disasters and __________.

emergencies

The FDA regulates food, drugs, and __________ devices.

medical

USCIS manages __________ and naturalization.

immigration

NTSB investigates transportation __________.

accidents

OSHA ensures workplace __________.

safety

CDC protects public health from __________.

diseases

The FCC regulates telecommunications and __________.

broadcasting

CPSC ensures product __________.

safety

The FAA regulates air travel __________.

safety

The FTC protects consumers and prevents __________ trade.

unfair

The SEC oversees __________ markets.

securities

The ATF enforces regulations on alcohol, tobacco, and __________.

firearms

Fiscal policy refers to the government's use of __________ and taxation to influence the economy.

spending

Monetary policy involves central bank actions to control __________ supply and interest rates.

money

Control of fiscal policy is managed by __________ and the President.

Congress

Control of monetary policy is managed by the __________ Reserve.

Federal

Expansionary fiscal policy __________ spending or decreases taxes to boost the economy.

increases

Demand-Side Economics focuses on increasing __________ to stimulate economic growth.

demand

Supply-Side Economics emphasizes incentives for __________ to boost economic growth.

production

The Laffer Curve shows the relationship between tax __________ and tax revenue.

rates

Automatic stabilizers are government programs that automatically adjust with the __________.

economy

Easy-money policy lowers interest rates to increase the __________ supply.

money

The discount rate is the interest rate charged to banks by the __________ Reserve.

Federal

Absolute advantage occurs when a country can produce more of a good with the same __________.

resources

A trade __________ occurs when exports exceed imports.

surplus

A trade __________ occurs when imports exceed exports.

deficit

Free trade refers to international trade without __________ or restrictions.

tariffs

Protectionism encompasses policies aimed at protecting domestic __________ from foreign competition.

industries

Antitrust legislation is designed to prevent __________ and promote competition.

monopolies