Which Groups Must Be in Agreement to Implement Fiscal Policy

question 222

Multiple Choice

Which groups must be in agreement to implement fiscal policy?

• A) the Senate, the House of Representatives, and the president
• B) the legislative branch, the president, and the judicial branch
• C) the legislative branch, the president, and the Federal Reserve
• D) the Senate, the House of Representatives, and the Federal Reserve

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Definitions:

Medicare

A federal health insurance program in the United States for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.

Medicaid

A health care program that assists low-income families or individuals in paying for long-term medical and custodial care costs.

Equal Distribution

The process of dividing or spreading something out evenly among multiple recipients or areas.

Health Care Economics

A branch of economics concerned with issues related to efficiency, effectiveness, value, and behavior in the production and consumption of health and healthcare.