Which of the following refers to money that lawmakers can choose to spend on certain programs? Mandatory Spending Fiscal Policy Discretionary Spending Monetary Policy

## Step 1<br />The question is asking for the term that refers to the money that lawmakers can choose to spend on certain programs. The options provided are: Mandatory Spending, Fiscal Policy, Discretionary Spending, and Monetary Policy.<br /><br />## Step 2<br />Mandatory Spending refers to spending on certain programs that are mandated by law. This means that lawmakers do not have the discretion to decide how much money is spent on these programs.<br /><br />## Step 3<br />Fiscal Policy refers to the use of government spending and taxation to influence the economy. This is a broader term that includes both mandatory and discretionary spending.<br /><br />## Step 4<br />Discretionary Spending refers to the portion of the budget that lawmakers can decide how to spend. This is the money that lawmakers can choose to spend on certain programs.<br /><br />## Step 5<br />Monetary Policy refers to the actions undertaken by a central bank to influence the availability and cost of money and credit to help promote national economic goals. This is not related to lawmakers' spending decisions.