If the Federal Reserve wanted to increase lending by banks, what could it do to reserve requirements?
a. Lower the discount rate on bank reserve requirements.
b. Lower the rate of taxation on bank reserve requirements.
c. Lower the reserve requirements for banks.
d. Increase the discount rate on bank reserve requirements.
Answer: c
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Describe the Civil Rights Act of 1964 and the Voting Rights Act of 1965 . Why were they necessary, given that the Fourteenth and Fifteenth Amendments were enacted decades before?
What will be an ideal response?
Judges in Legislative Courts serve _______ terms and do not require impeachment.
Fill in the blank(s) with the appropriate word(s).
The Congressional Budget Office evaluates the economic effects of different spending programs and provides information to Congress on the anticipated cost of proposed policies
Indicate whether this statement is true or false?
According to the text, the grants-in-aid system grew rapidly because it helped state and local officials resolve what dilemma?
A) ?how to get federal money into state hands without violating the U.S. Constitution B) how to limit federal taxation power without reducing aid to states C) how to increase federal taxation power without violating the U.S. Constitution D) how to shift financial control of state programs to the federal government without violating states' rights E) how to bring critical state functions gradually under federal control