Economic Stabilization Activity,which Is the Responsibility of the Executive and Legislative

question 24

Multiple Choice

Economic stabilization activity,which is the responsibility of the executive and legislative branches of the U.S.government,is called ________,while that presided over by the U.S.central bank is called ________.

• A) deficit financing; functional finance
• B) supply-side economics; liquidity preference
• C) incomes policy; commercial policy
• D) fiscal policy; monetary policy
• E) positive economics; normative economics