QUESTION IMAGE
Question
sort each government action into the correct category of the part of the government that does the action.
fiscal policy (congress & president)
no answers chosen
monetary policy (federal reserve)
no answers chosen
possible answers
raising interest rates to reduce inflation
approving a nationwide tax rebate
giving away stimulus checks during the pandemic to help people
creating a bill increasing federal highway spending
monitoring the health of the job market
making loans cheaper to stimulate growth
To solve this, we analyze each action based on Fiscal Policy (Congress/President, involving taxes/spending) and Monetary Policy (Federal Reserve, involving interest rates, money supply, etc.):
Fiscal Policy (Congress & President)
- Giving away stimulus checks during the Pandemic to help people: Fiscal policy (government spending).
- Approving a nationwide tax rebate: Fiscal policy (taxes).
- Creating a bill increasing federal highway spending: Fiscal policy (government spending).
Monetary Policy (Federal Reserve)
- Raising interest rates to reduce inflation: Monetary policy (Fed controls interest rates).
- Monitoring the health of the job market: Federal Reserve monitors economic indicators (part of monetary policy oversight).
- Making loans cheaper to stimulate growth: Monetary policy (Fed can influence loan costs via rates/money supply).
Final Sorting:
| Fiscal Policy (Congress & President) | Monetary Policy (Federal Reserve) |
|---|---|
| Approving a nationwide tax rebate | Monitoring the health of the job market |
| Creating a bill increasing federal highway spending | Making loans cheaper to stimulate growth |
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To solve this, we analyze each action based on Fiscal Policy (Congress/President, involving taxes/spending) and Monetary Policy (Federal Reserve, involving interest rates, money supply, etc.):
Fiscal Policy (Congress & President)
- Giving away stimulus checks during the Pandemic to help people: Fiscal policy (government spending).
- Approving a nationwide tax rebate: Fiscal policy (taxes).
- Creating a bill increasing federal highway spending: Fiscal policy (government spending).
Monetary Policy (Federal Reserve)
- Raising interest rates to reduce inflation: Monetary policy (Fed controls interest rates).
- Monitoring the health of the job market: Federal Reserve monitors economic indicators (part of monetary policy oversight).
- Making loans cheaper to stimulate growth: Monetary policy (Fed can influence loan costs via rates/money supply).
Final Sorting:
| Fiscal Policy (Congress & President) | Monetary Policy (Federal Reserve) |
|---|---|
| Approving a nationwide tax rebate | Monitoring the health of the job market |
| Creating a bill increasing federal highway spending | Making loans cheaper to stimulate growth |