Which of the Following Is True of Fiscal Policy Before

question 27

Multiple Choice

Which of the following is true of fiscal policy before the Great Depression of the 1930s?

• A)Fiscal policy was made at the federal level.
• B)Policies associated with national defense were made at the state level.
• C)Foreign policy was made at the State level.
• D)The federal budget was determined mostly by economists and not by politicians.
• E)National defense and foreign trade were the focus areas of the federal government while other areas of government policy were dealt by the individual states.

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Definitions:

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