The Fed is institutionally independent. A major advantage of this is that monetary policy
a. is subject to regular congressional scrutiny.
b. will often offset fiscal policy.
c. is not controlled by politicians.
d. is usually coordinated with fiscal policy.
c
Economics
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Refer to Table 20.2. Is the tax system represented in the table progressive, regressive, or neither one? How can you tell?
What will be an ideal response?
Economics
The items included in the CPI are
A) final goods produced in the United States. B) final goods and services produced in the United States. C) goods and services consumed by the typical urban household. D) only goods and services produced within the current year and consumed by the typical household. E) goods but not services consumed by the typical urban household.
Economics