Policies to Keep Inflation in Check ________

question 76

Multiple Choice

Policies to keep inflation in check ________.

• A)are,typically,fiscal policies
• B)are a potential cause of high unemployment
• C)are unlikely to be needed,so long as government spending remains high
• D)include increasing the quantities of money and saving
• E)are desirable in the short run,but may produce bad long-run outcomes

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Definitions:

Congress

The legislative branch of the United States federal government, composed of the House of Representatives and the Senate, responsible for making national laws.

Supremacy Clause

Article VI, Paragraph 2, of the U.S. Constitution, which states that the Constitution and all laws and treaties of the United States constitute the supreme law of the land. Thus, any state or local law that directly conflicts with the U.S. Constitution or federal laws or treaties is void.

Article VI

Refers to the Supremacy Clause within the United States Constitution, which establishes that the Constitution and federal laws are the supreme law of the land.

Enact Legislation

The process by which governmental bodies formally adopt new laws or amend existing ones.