Parliamentary system-system of gov where legislature selects prime minister or pres
Presidential ticket-joint listing of presidential and vice pres candidates on same ballot
Vesting clause-pres’s constitutional authority to control most executive functions
Treaty-formal, pub agreement between the us and one or more nations that must be approved by 2/3 of senate
Executive agreement-formal agreement between us pres and leaders of other nations, no senate approval
Congressional executive agreement-...
fiscal policy-gov policy attempt manage economy controll tax and spend
monetary policy-attempt manage economy by control money supply, interest rates
infaltion-rise in volume of money and decrease in dollar value
unemployment-out of work, looking for job
stagflation-economic slowdown +inflation
GDP-value of all goods+services produced by economy during time
excise tax-consumer tax on specific kind o fmerchandise, tobacco
budget deficit-federal gov raises less revenue than it spends
tariff-tax...