Which statement provides evidence of the trend toward increasing presidential responsibility for the domestic economy?
A)The president is required by the Constitution to present a State of the Economy address in addition to the State of the Union address.
B)Congress has eliminated the CBO and relies exclusively on the executive branch for economic information.
C)The president is compelled by law to forecast the state of the economy for the upcoming year and to design policies to improve it.
D)The president has exempted any agency dealing with economic questions from congressional oversight.
C
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Which of the following entities is responsible for determining interest rates in the United States?
a. Congress b. the Congressional Budget Office c. the Executive Office of the President d. the Federal Reserve Board
If two polling organizations are consistently 3% apart in their prediction of a particular elections expected results, this likely reflects what is called the house effect.
a. true b. false