A) Monetary policy is a central bank's changing of the money supply to influence interest rates and assist the economy in achieving stability, full employment, and growth!
B) Change the reserve ratio or open market operations (buying or selling bonds/securities).
C) Fiscal policy are the changes in gov't spending and tax collections designed to achieve full employment and noninflationary domestic output!
1D) Keynesian economics is a theory that a capitalistic economy is characterized by macroeconomic instability and that monetary and fiscal policy can be used to promote full employment, price-level stability, and economic growth.
2D) Supply-side economics is a a view in macroeconomics that emphasizes the role of cost and aggregate supply in explaining inflation, unemployment, and economic growth. Also, that incentives (like tax cuts)can be used for people to produce and use resources more efficiently.
3D) Keynesian believes that growth can be managed by controlling demands for goods and services while Supply-side believes that producers and their willingness to create goods and services set the pace of economic growth.
1E) FDR
2E) Ronald Reagan
---------------------------
I like the idea of studying for both of my exams at once!

Here are some example answers to my previous question:
A) From welfare to social security, bureaucracies play a big role in delivering these services to the American people.. stuff like the scrutiny of harmful products by the FTC and FDA are important safeguards.
B) If we want a balanced federal budget and deficit reduction, programs must be eliminated and agencies downsized/abolished.
C) The Clinton-Gore Reinventing Government program or the Republican Regulatory Reduction bill..
--------------------------
a. Define balanced budget
b. Define federal entitlements
c. Identify an entitlement and explain how entitlements are a barrier to the federal gov't achieving a balanced budget
d. Describe the consequences of large deficits