Across
- Legal (although often not ethical) advantages that elected or appointed government officials gain for themselves because of their position or connections; called “honest graft” by George Washington Plunkitt of NYC’s Tammany Hall. (11)
- The term that describes a general rise in the prices of goods & services with a resulting fall in the value of a country’s currency. (9)
- Shively concludes that the condition of the national economy has this relationship to a president's popularity. (6)
- Both Bill Clinton and George W. Bush advocate this form of foreign-trade policy. (Two words) (10)
- The phrase that describes the subfield of political science that focuses on the influence of cognition and emotion in political decisions. (Two words) (20)
- The name of a country with: (1) a highly developed system of post-high-school vocational education with on-the-job apprenticeships and (2) extensive economic regulations that have resulted in high-quality but expensive products & services. (7)
- The name of a country in transition from a subsistence to a diversified industrial economy that is aided by abundant natural resources and improving education but hindered by political corruption & regional violence in East Timor & Aceh. (9)
- This school of economics recognized that the typically inverse relationship between unemployment and inflation sometimes had a reverse (direct) effect due to other factors (e.g., the economic shocks of the OPEC oil embargo and the deficit-spending of the Vietnam War). (Two words) (13)
- Both sales taxes and Social Security taxes are examples of this type of tax. (10)
- Shively concludes that there is more income redistribution by government in which type of nation -- those more or those less developed? (4)
- A phrase that describes a subfield within political science that focuses on the intersection of the state and the economy. (Two words) (17)
- The phrase that describes the monetary value of all goods & services produced in a state in a given year. (Three words) (22)
- An example of a preferment available to an influential government official after he or she leaves office. (Three words) (18)
- The name for a public-sector bank that regulates private-sector banks. (7)
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Down
- The phrase that describes trying to make money by lobbying government for a competitive advantage rather than competing in a free market. (Two words) (12)
- Deficit spending by government tends to do this to inflation. (8)
- Alexander Hamilton, Abraham Lincoln, and Theodore Roosevelt were all advocates of this form of foreign-trade policy. (Two words) (22)
- Generally, rent seeking is more common in countries with this type of culture. (13)
- An example of another issue that can alter the influence of the economy on a president's popularity. (7)
- The phrase that describes the subfield of political science that focuses on the influence of group identification in political decisions. (Two words) (19)
- The name of a school of political economy that argues for using governments’ fiscal & monetary policies to avoid the extremes of free-market economies’ boom & bust cycles. (9)
- Shively concludes that the level of unemployment has this relationship to a president's popularity. (7)
- The basic assumption of this theory is that the complexities of reality can be reduced to mathematical formulae through simplifying assumptions about: (1) individual-level costs & benefits and (2) aggregate-level supply & demand. (Two words) (15)
- The power of elected or appointed government officials to make partisan appointments or to confer contracts, honors, or other benefits on their political supporters. (9)
- Those with lots of discretionary income to invest tend to be helped or hurt by inflation. (6)
- A 1970's market condition when both unemployment & inflation were high that caused economists to rethink Keynesian economics. (11)
- Those on a fixed income tend to be helped or hurt by inflation. (4)
- A name for illegal activity by government officials that is more common in developing countries with rapid change, poorer populations, foreign business presence, non-Protestant religious traditions, and history of colonial rule other than Great Britain. (5)
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