This topic contains a solution. Click here to go to the answer

Author Question: The money supply contracts when the Federal Reserve Board increases interest rates. Indicate ... (Read 89 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
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?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jadwiga9

  • Sr. Member
  • ****
  • Posts: 316
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.




Jadwiga9

  • Sr. Member
  • ****
  • Posts: 316

 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

For a complete list of videos, visit our video library