Which of these statements best describes the influence of adjustments to the discount rate made by the Federal Reserve?
a. They always lead to lower rates of marginal taxes.
b. They can lead to higher unemployment in years of budget deficits.
c. They can spur economic growth by increasing the cost of money for business.
d. They can spur economic growth by increasing the available money supply.
Answer: d
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Which of the following statements about domestic policies is true?
A) Domestic policies are only related to relatively simple issues. B) Domestic policies include what tariffs should be levied on goods imported from the United Kingdom. C) Domestic policies do not include how to reduce our nation's contribution to global climate change. D) Domestic policies do not include how to improve the performance of schools across the nation. E) Domestic policies include multiple topics that span from simple issues to complex ones.
Generally, which statement about organizations in the federal government is true?
A. Federal agencies may not take different forms. B. Independent agencies are independent of executive departments and report directly to the president. C. The president has the ability to directly influence and exercise ongoing control over policymaking through these organizations. D. There are no public corporations in the federal government.