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Author Question: Which of the following is a characteristic of the Gramm-Rudman Act? (Read 66 times)

erikka246

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on: Mar 9, 2022

Question 1

Which entity is responsible for implementing monetary policy?
◦ the Office of Management and Budget
◦ Congress
◦ the Federal Reserve
◦ the World Bank

Question 2

Which of the following is a characteristic of the Gramm-Rudman Act?
◦ It called for automatic 10% cuts on existing programs if Congress couldn’t move toward a balanced budget in a given year.
◦ It established the organizational structure of the House and Senate Budget Committees.
◦ It established a flat tax for those citizens who earn less than $10,000 per year and a progressive tax for those who earn more than $10,000 per year.
◦ It gave the Federal Reserve the power to control both monetary and fiscal policy for purposes of objectivity.
Keeping the Republic: Power and Citizenship in American Politics ¦ Barbour, Wright ¦ 9th Edition
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Marked as best answer by erikka246 on Mar 9, 2022

Snabbey

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Reply #1 on: Mar 9, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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erikka246

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Reply 2 on: Mar 9, 2022
YES! Correct, THANKS for helping me on my review

Kedrick2014

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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