Unlike Fiscal Policy, Monetary Policy

question 58

Multiple Choice

Unlike fiscal policy, monetary policy:

• A) must be initiated by the president or by Congress in the United States.
• B) includes taxation and spending actions, such as increasing government spending or encouraging private spending.
• C) consists of government actions intended to spark or diminish consumption.
• D) consists of manipulations in the interest rates, banking rules, and the volume of currency in a country.

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Definitions:

Social Learning Theory

Theory that behaviors are learned by observing and imitating models. Also called social cognitive theory.

Gender Roles

Societal norms dictating the behaviors, activities, and attitudes considered appropriate based on one's perceived sex or gender identity.

Observing Models

A learning process where individuals acquire new behaviors, skills, or attitudes by watching others perform them.

Same-sex Parent

A parent who identifies as having a homosexual orientation, raising children in a family structure with another parent of the same sex.