One Thing That Is True About Economic Policy in the U.S

question 87

Multiple Choice

One thing that is true about economic policy in the U.S. is:

• A) fiscal and monetary policy never conflict.
• B) monetary and fiscal policy need not, but may conflict.
• C) monetary policy ultimately controls fiscal policy since the Fed controls the money supply.
• D) fiscal policy ultimately controls monetary policy since Congress can control the Fed's budget.

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Definitions:

Autonomy Morals

Principles that emphasize the importance of self-governance and making decisions based on one’s own moral compass.

Homogenous

Having a uniform structure or composition throughout; similar in kind or nature.

Collectivistic

Characterizing cultures or societies that emphasize group goals and interdependence over individual pursuits and achievements.

Individualistic

Characterized by independence and self-reliance, prioritizing personal goals over group goals.