QUESTION IMAGE
Question
fiscal policy is controlled by
the president only
the federal reserve
the legislative and executive branches together
congress only
Brief Explanations
Fiscal policy involves setting government spending and tax laws. The executive branch (led by the President) proposes fiscal policy plans, while the legislative branch (Congress) has the power to pass the related laws. Together, these two branches control fiscal policy. The Federal Reserve manages monetary policy, not fiscal policy.
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The Legislative and Executive Branches Together