Incomes policies are another name for
A) the Employment Act of 1946.
B) functional finance.
C) welfare programs.
D) wage and price guidelines and/or controls.
E) a full-employment budget.

Question

Quizplus · Accepted Answer

Incomes policies refer to government intervention in setting guidelines or controls for wages and prices in order to limit inflation or promote economic growth. This is typically done through wage and price guidelines, making D the correct choice. The Employment Act of 1946 and functional finance are different economic policies, while welfare programs and a full-employment budget are not directly related to incomes policies.

Incomes Policies Are Another Name for