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

Author Question: Which of the following is a characteristic of the Gramm-Rudman Act? (Read 109 times)

erikka246

  • Full Member
  • ***
  • Posts: 150

Question 1

Which entity is responsible for implementing monetary policy?
◦ the Office of Management and Budget
◦ Congress
◦ the Federal Reserve
◦ the World Bank

Question 2

Which of the following is a characteristic of the Gramm-Rudman Act?
◦ It called for automatic 10% cuts on existing programs if Congress couldn’t move toward a balanced budget in a given year.
◦ It established the organizational structure of the House and Senate Budget Committees.
◦ It established a flat tax for those citizens who earn less than $10,000 per year and a progressive tax for those who earn more than $10,000 per year.
◦ It gave the Federal Reserve the power to control both monetary and fiscal policy for purposes of objectivity.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by erikka246 on Mar 9, 2022

Snabbey

  • Full Member
  • ***
  • Posts: 164
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




erikka246

  • Member
  • Posts: 150
Reply 2 on: Mar 9, 2022
:D TYSM


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

For a complete list of videos, visit our video library