An Implication of the Employment Act of 1946 Is That

question 182

True/False

An implication of the Employment Act of 1946 is that the government should respond to changes in the private economy to stabilize aggregate demand.

---

Definitions:

Constitutional Lawmaking

The process of drafting, adopting, and amending laws and principles that govern a state or country, typically outlined in a constitution.

Statute

Legislation enacted by a governmental body that prescribes or prohibits certain actions and may establish penalties for noncompliance.

First Amendment

A foundational aspect of the United States Constitution guaranteeing freedoms concerning religion, expression, assembly, and the right to petition.

Codified Law

Laws that have been organized and written down into a code or a systematic collection, typically by legislative authority.