Tools used by economists include

Explain two concepts of central bank independence. Is the Fed politically independent? Why do economists think central bank independence is important?

What will be an ideal response?

Government ownership of property and resources in the United States is

A. about as common as it is in European countries. B. widespread; the United States is a leader in the amount of government ownership of resources. C. relatively rare; the United States is mostly privatized. D. rare but has been increasing rapidly as the United States catches up to other countries.