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Author Question: Discuss the two major economic worries faced by members of Congress: unemployment and inflation. ... (Read 56 times)

Anajune7

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on: Jul 10, 2018
Discuss the two major economic worries faced by members of Congress:
 
  unemployment and inflation. What options are available to address them?
 
  What will be an ideal response?

Question 2

The __________ has primary responsibility for foreign, military, and defense policy in the United States.
 
  Fill in the blanks with correct word


olderstudent

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Reply #1 on: Jul 10, 2018
Answer to Question 1

An ideal response will:
1, Discuss the two philosophies for addressing these problems, which are monetary policy and fiscal policy.
2, Explain how members of Congress have few tools available for managing the money supply to manage inflation, which is almost entirely in the hands of the Federal Reserve Board.
3, Explain how members of Congress can use fiscal policy to increase or decrease taxes and government spending to affect unemployment.

Answer to Question 2

president


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