AnswersMCS Economics BLEconomic Policy: Influential Theories

Economic Policy: Influential Theories — Unit test Answers

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free enterprisegovernment regulationKeynesian economicsmonetary policy

A
free enterprise
B
government regulation
C
Keynesian economics
D
monetary policy
22
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A regulatory agency that protects workers is

O
OSHA.
E
EPA.
F
FDA.
S
SEC.
23

A regulatory agency that makes sure banks follow federal laws is

A
the FDIC.
B
the FDA.
C
the SEC.
D
the EPA.
24

"Meeting the spending targets in this budget meant some very difficult choices."President Barack Obama,2012 Budget Message of the President

d
deciding which country to borrow from to finance spending
d
deciding what would be funded and what would be cut
d
deciding how to keep interest rates low on the national debt
d
deciding how much to increase tax rates
25

best

l
limiting inflation and reducing unemployment
r
reducing unemployment and maintaining cash flow
c
controlling stagflation and reducing unemployment
m
managing credit and ensuring the money supply's liquidity

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