Though the Responsibility for Making Fiscal Policy Lies with ________

question 49

Multiple Choice

Though the responsibility for making fiscal policy lies with ________, the administration of fiscal policy occurs primarily in the ________.

• A)the president; Federal Reserve Board
• B)the president; Treasury Department
• C)Congress; Treasury Department
• D)Congress; Department of Commerce

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Definitions:

Employment-Based Insurance

Health insurance provided by an employer as part of a benefits package to employees, often covering a portion of healthcare costs.

Favorable Tax Treatment

Tax policies that are advantageous to businesses or individuals, often involving lower rates or specific deductions.

Working-Age Adult Americans

Individuals within the United States typically considered to be in the labor force, often defined as those aged from 18 to 64 or 65.

No Health Insurance

The condition of not having any coverage or protection against the costs of medical services.