CAS PO 111 Study Guide - Monetarism, Patient Protection And Affordable Care Act

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Business can finance capital expansions more cheaply if interest rate is lower. So lower interest rate: selling/buying of bonds, overnight borrowing rates. If there"s less money interest rates go up. Price of bond inversely related to interest rate: high interest rate is bad for the economy, they should be buying bonds. Policies can effect politics and vice versa, but you know that. Filibuster not allowed on judicial affairs: majority of the senate can adjust the rules, why is the filibuster being eroded now, informal rules vs. formal, legislative rules, weapon for minority in the senate. Foreign policy: prior to ww2- isolation , after ww2 increasingly involved in world affairs. Benefits for workers, old people, poor people get a seat at the table. Plurality: compare uk with denmark/sweden, uk performs worse- uk and us=liberal market economies, everything else is common? market economies.