What are the two types of domestic economic policies, and what is the difference between them?

What will be an ideal response?


Domestic economic policies include macroeconomic policy and microeconomic policy. Macroeconomic policy is broad policy that affects the domestic economy as a whole and includes fiscal policy (government spending and taxes) and monetary policy (money). Microeconomic policy is specific policy that affects only targeted sectors or industries and includes chiefly regulations, subsidies, price controls, competition or antitrust policies, and labor union laws, among others.

Political Science

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Federal preemptions allow Congress to impose national priorities on states through national legislation, a power that is rooted in the Constitution's _____ clause

A) necessary and proper B) elastic C) full faith and credit D) supremacy E) establishment

Political Science

Who is the chief administrator of the federal bureaucracy?

a. the secretary of state b. the attorney general c. the President d. the Vice President

Political Science

Most executive orders

a. arise from the authority and responsibilities explicitly delegated to the President by law. b. are quickly overturned by congressional action. c. fail to cite the authority that allows the President to take action. d. represent decisions by a president to disregard the plain text of the Constitution.

Political Science

Brown v.Board of Education overturned the __________ doctrinethat had been established in Plessy v.Ferguson

Fill in the blanks with correct word

Political Science