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Political Institutions and Fiscal Policy

APUSGV-FKXNKS

All of the following are true regarding fiscal policy EXCEPT

A

Fiscal policy is mainly determined by Congress and the president.

B

Fiscal policy includes manipulating interest rates in the United States.

C

Political party affiliation has an impact on how fiscal policy is implemented.

D

Fiscal policy is one of the two major governmental devices used to regulate the economy.

E

Fiscal policy can be implemented through a Keynesian model of economic theory.