According to the selectorate theory, when are we likely to see the best economic performance?
A. When W is large.
B. When W is small.
C. When W/S is large, and W is large.
D. When W/S is small, and W is large.
C. When W/S is large, and W is large.
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In which institutional resource are leaders both appointed by the president and approved by the Senate?
a. Executive Office of the President b. White House staff c. Supreme Court d. Council of Economic Advisors
What role does the Council of Economic Advisers play in the national economy?
a. It conducts research for Congress and helps to create the national budget. b. It counsels the Fed on all its policy decisions. c. It is appointed by the president to work within the Executive Office to provide advice on economic policy. d. It is the policymaking arm of the Federal Reserve Board of Governors.