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 229 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
Excellent


parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

For a complete list of videos, visit our video library