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QUESTION IMAGE

sort each government action into the correct category of the part of th…

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

Explanation:

Response

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 rebateMonitoring the health of the job market
Creating a bill increasing federal highway spendingMaking loans cheaper to stimulate growth

Answer:

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 rebateMonitoring the health of the job market
Creating a bill increasing federal highway spendingMaking loans cheaper to stimulate growth