The Employment Act of 1946
A) reduced tax rates 10 percent across the board.
B) established the Joint Economic Committee of Congress and the Council of Economic Advisers.
C) made it a matter of government policy to promote a favorable balance of trade.
D) created automatic stabilizers to replace discretionary fiscal policy.
E) requires the government to undertake spending on public works to ensure full employment.
Correct Answer:
Verified
Q48: The government can use fiscal policy to
Q49: Excluded from the list of those having
Q50: The Council of Economic Advisers
A) was established
Q51: Personal and corporate income taxes serve as
Q52: A basic objection to increased public works
Q54: Discretionary fiscal policy is
A) the responsibility of
Q55: From an economic perspective the optimal level
Q56: The structural features of our economy that
Q57: Currently,the largest share of the annual federal
Q58: The commitment of the government to ensure
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