Fiscal policy is determined by
A)the Federal Reserve.
B)the president and the Federal Reserve.
C)Congress and the Federal Reserve.
D)Congress and the president.

Question

Quizplus · Accepted Answer

Fiscal policy is determined by Congress and the president, who have the power to make decisions regarding government spending, taxation, and borrowing. The Federal Reserve is responsible for monetary policy, which involves controlling the money supply and interest rates to manage inflation and promote economic growth.

Fiscal Policy Is Determined by