Which of the following best describes the Federal Reserve?
A. A partner with the U.S. Congress in determining economic volatility
B. A source of economic decision-making power in the U.S. government largely independent of the three branches of government
C. A division of the Office of Management and Budget
D. A resource for college loans and home loans
E. A diplomatic arm of the U.S. government that focuses on the foreign exchange market
Answer: B
You might also like to view...
The masses in the United States have antidemocratic attitudes but also avoid political activity making our democracy secure
Indicate whether the statement is true or false
Which of these statements is not true of the relationship between the state government in Texas and county governments? a. The county is a creation of state government
b. County officials are elected by the citizens of the county. c. Counties carry out many state functions. d. County officials are not really accountable to the state government in Texas. e. County officials see themselves as state, rather than local, officials.
Which of the following is an example of the free rider problem?
a. a political action committee contributing to candidates from both major political parties b. an elected official relying on information from lobbyists c. an environmentalist deciding not to join an environmental group but appreciating the group's positive impact on environmental stewardship d. an environmental group disagreeing on what policy goals to pursue
The defining characteristic of a splinter party is
A. that it forms in response to a crisis. B. that it attracts new citizens who previously had rarely voted. C. that it forms around a single idea or candidate. D. that it breaks away from an existing party. E. its small size.