Author Question: Discuss the two major economic worries faced by members of Congress: unemployment and inflation. ... (Read 77 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
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

  • Sr. Member
  • ****
  • Posts: 339
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

For a complete list of videos, visit our video library