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Author Question: The money supply contracts when the Federal Reserve Board increases interest rates. Indicate ... (Read 78 times)

asmith134

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on: Jul 10, 2018
The money supply contracts when the Federal Reserve Board increases interest rates.
 
  Indicate whether the statement is true or false

Question 2

Why do laws passed by Congress often lack clarity? How does this affect the way these laws are implemented by the bureaucracy?
 
  What will be an ideal response?


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Jadwiga9

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

TRUE

Answer to Question 2

An ideal response will:
1, Note that Congress often passes vague laws because doing soallows members of Congress to avoid crafting the messy and contentious details of legislation. It also provides members of Congress with cover in case the law is or becomes unpopularthey can always blame the bureaucracy for failing to implement it the way Congress intended.
2, Explain that vague laws can be harder to implement, because the bureaucracy has little guidance and legislative intent is unclear. However, this also means the bureaucracy has considerable flexibility in shaping the details of the policy when itcrafts the regulations necessary to implement the law.


asmith134

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Reply #2 on: Jul 10, 2018
Correct answers!


Jadwiga9

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Reply #3 on: Jul 10, 2018
Great! Please up vote :D


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