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Chapter 2 Thinking Like an Economist




Question;95. Trade-offs are involved in most policy decisions.;96. Since 1946, the president of the United States has received;guidance from the Council of Economic Advisers.;97. The Council of Economic Advisers consists of thirty members and a;staff of several dozen economists.;98. The duties of the Council of Economic Advisers are to advise the;president of the United States and to determine U.S. monetary policy.;99. The Council of Economic Advisers? Economic Report of the;President discusses recent developments in the economy and presents the;council?s analysis of current policy issues.;100. The President counts among his economic advisors the Congressional;Budget Office.;101. Economists at the U.S. Department of the Treasury help design U.S.;coins and paper money.;102. Economists at the U.S. Department of Justice help enforce the;nation?s antitrust laws.;103. Economists work both inside and outside the administrative branch;of the U.S. government.;104. The Congressional Budget Office, which is staffed by economists;provides Congress with independent evaluations of policy proposals.


Paper#55208 | Written in 18-Jul-2015

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