Federal Government and Fiscal Policy

Front

Income for the Federal Government comes from __________?

Back

Income Tax

Front

Income for the State Government comes from __________?

Back

Sales Tax

Front

Income for the Local Government comes from __________?

Back

Sales Tax

Front

The Federal government spends most of its money on _______?

Back

Social Security & Unemployment

Front

Who is in charge of fiscal policy?

Back

Government

Front

Which entities are responsible for making fiscal policy decisions? Options: The President and Congress, The Federal Reserve System, The National Council of Economic Advisors, The Commerce Department

Back

The President and Congress

Front

The federal government's overall approach to spending and taxes is called

Back

Fiscal Policy

Front

Fiscal Policy is the means by which the government keeps the economy stable through taxes and programs provided to the people.

Back

True