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Question
Which of the following statements regarding the role of the federal government in the economy is correct?a. Economic regulation of industry is the sole responsibility of the secretary of the treasury.
b. Most Americans would prefer an economy completely free of any federal regulations.
c. Since the Great Recession, the scope of federal activity in the economy has contracted.
d. The U.S. Constitution restricts direct regulation of the economy to state governments.
e. Presidential election outcomes are heavily influenced by the health of the economy.
Answer
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