Which of the following statements regarding the role of the federal government in the economy is correct?

Question

Quizplus · Accepted Answer

Presidential election outcomes are heavily influenced by the health of the economy. This statement is supported by the fact that a strong economy is often viewed as a sign that the incumbent president's policies are working, while a weak economy can be used as a criticism against the incumbent or their party. Additionally, candidates often promise to improve the economy as a central part of their platform. The other options are incorrect because economic regulation is not solely the responsibility of the treasury secretary, most Americans do not prefer a completely unregulated economy, and the scope of federal activity in the economy has generally increased since the Great Recession.

Which of the Following Statements Regarding the Role of the Federal