Some of the government officials best positioned to advise the president on foreign policy includes __________

Lowering the discount rate would have which of the following effects?

a. It would decrease the overall rate of taxation. b. It would discourage banks from increasing their borrowing from the Federal Reserve. c. It would encourage banks to borrow more and to extend more loans at lower rates. d. It would increase the amount of federal bonds sold to foreign countries.

Which of these is true about entitlement spending in the United States?

a. Most entitlement spending goes to people who are not poor. b. Most entitlement spending goes to people who live in extreme poverty. c. Most forms of entitlement spending benefit businesses instead of individuals. d. Most forms of entitlement spending go to military personnel and defense contractors.