Fiscal policy is controlled by ______.
A. Congress and the White House
B. Congress and the Fed
C. the White House and the Fed
D. the Fed and the states
A. Congress and the White House
You might also like to view...
Turning over control of the Panama Canal to Panama was accomplished through a(n)
a. treaty. b. executive agreement. c. joint resolution of Congress. d. multinational corporation. e. judicial review.
Which of the following is NOT one of the requirements needed to guarantee democracy?
a. Leaders who are willing to provide democratic leadership. b. Eternal vigilance by all concerned. c. Elected Presidents. d. Citizens being unwilling to give up their rights.
Which of the following describes the first Supreme Court Justice, John Jay?
a. He resigned because he felt the court was weak. b. He was appointed by Congress. c. He defined the role of the court. d. He established the power of judicial review.
Answer the following statement(s) true (T) or false (F)
1. A Keynesian diagnosis of economic downturn blames lack of demand and suggests that the solution is minimal intervention. 2. The economic model of Germany is best defined as liberal market economy. 3. Globalization is the rapid increase in the flow of economic activity, technology, and communication around the globe. 4. The Japanese model of regulated capitalism is known as the developmental state.