The spending bill of 2020 meant to cushion the economic impact of the COVID-19 outbreak illustrates the dual nature of Congress:Multiple Choicehandling both fiscal and monetary economic policy.both enacting and reviewing the constitutionality of laws.both a lawmaking institution for the country and a representative assembly for states and districts.both doling out money and overseeing tax collection.both printing money and spending it.
Question
The spending bill of 2020 meant to cushion the economic impact of the COVID-19 outbreak illustrates the dual nature of Congress:Multiple Choicehandling both fiscal and monetary economic policy.both enacting and reviewing the constitutionality of laws.both a lawmaking institution for the country and a representative assembly for states and districts.both doling out money and overseeing tax collection.both printing money and spending it.
Solution
The correct answer is: both a lawmaking institution for the country and a representative assembly for states and districts.
Here's why:
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The spending bill of 2020 was a law enacted by Congress to address the economic impact of the COVID-19 outbreak. This shows Congress's role as a lawmaking institution for the country.
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The bill was designed to provide relief to various states and districts affected by the pandemic. This shows Congress's role as a representative assembly for states and districts.
The other options do not accurately represent the dual nature of Congress as illustrated by the spending bill of 2020. For example, Congress does not handle monetary policy (that's the role of the Federal Reserve), review the constitutionality of laws (that's the role of the judiciary), oversee tax collection (that's the role of the Internal Revenue Service), or print money (that's the role of the Bureau of Engraving and Printing).
Similar Questions
Over the past few years we have heard arguments between both parties over the need to reduce the federal government's spending. Consider the role that Congress plays in determining the effectiveness of fiscal policy within the U.S. economy as a stabilizing force during periods of economic uncertainty. Determine whether the federal government can drastically reduce government spending in order to curb inflation. In your response consider the political fallout that could impact elected members of Congress.
FISCAL POLICY
What is one role of Congress in determining the federal budget?
The 2020-21 budget was an example of Group of answer choicesexpansionary fiscal policycontractionary fiscal policy
One of the challenges of using government expenditures to stimulate the economy is that:Multiple choice question.taxes cannot be raised when spending is cut.when spending needs to be cut it can cause a recession.it is hard to get all politicians to agree.the amount to spend cannot be determined.
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