In the United States, fiscal policy is the responsibility of the Federal Reserve Board of Governors and the Federal Open Market Committee

Question

Quizplus · Accepted Answer

Fiscal policy in the United States is actually the responsibility of the federal government, specifically the executive branch which proposes the budget and the legislative branch which approves and enacts it. The Federal Reserve Board and the Federal Open Market Committee are responsible for monetary policy.

In the United States, Fiscal Policy Is the Responsibility of the Federal