Which of the following statements regarding the role of the federal government in the economy is correct?
A) Economic regulation of industry is the sole responsibility of the secretary of the treasury.
B) Most Americans would prefer an economy completely free of any federal regulations.
C) Since the Great Recession, the scope of federal activity in the economy has contracted.
D) The U.S. Constitution restricts direct regulation of the economy to state governments.
E) Presidential election outcomes are heavily influenced by the health of the economy.
Correct Answer:
Verified
Q12: Payroll taxes are earmarked for _.
A) Temporary
Q13: What has happened to the poverty rate
Q14: Social Security is aimed at what group
Q15: Which of the following is a means-tested
Q16: Which of these resulted from the Great
Q18: A severe and persistent drop in economic
Q19: A government active in regulating the economy
Q20: Which of the following best reflects the
Q21: Which of the following is most accurate
Q22: Where does most of the money come
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