Which of the Following Explains Why Congress or the President

question 131

Multiple Choice

Which of the following explains why Congress or the president might hesitate to use restrictive fiscal policy in an election year?

• A)Monetary policy is always more effective.
• B)Voters might become unemployed.
• C)Fiscal policy is too complex.
• D)Fiscal year appropriations are not under the authority of Congress.

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Definitions:

Net Loss

Refers to the situation where a company's expenses exceed its revenues within a specific accounting period, leading to a negative income.

Income Statement

A document summarizing the financial outcomes of a business over a given accounting period, including details on income, costs, and overall profit.

Asset Section

A part of a financial statement that lists all the assets owned by an individual or organization.

Services Revenue

Income generated from services provided by a company rather than from selling physical goods.