The commitment of the government to ensure maximum employment,production,and purchasing power is provided for in the
A) Automatic Stabilizer Act of 1953.
B) Taft-Hartley Act of 1947.
C) Employment Act of 1946.
D) Consumer Price Index.
E) Truman Doctrine.

Question

Quizplus · Accepted Answer

The Employment Act of 1946 established a clear government commitment to maintain maximum employment, production, and purchasing power through various measures such as fiscal and monetary policy. It serves as the foundation for macroeconomic policy in the United States.

The Commitment of the Government to Ensure Maximum Employment,production,and Purchasing