Author Question: Discuss the two major economic worries faced by members of Congress: unemployment and inflation. ... (Read 87 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?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

For a complete list of videos, visit our video library