Asked by Daniel Hufendick on Apr 24, 2024
Verified
The Council of Economic Advisers
A) negotiates foreign trade treaties on behalf of the federal government.
B) regulates all stock market transactions and enforces federal antitrust laws.
C) sets interest rates for the federal government.
D) analyzes the economy and economic trends in order to help the president anticipate economic events.
Council of Economic Advisers
A team of economists selected by the U.S. President to offer unbiased economic evaluations and counsel on various domestic and international economic policy matters' development and execution.
Economic Trends
Patterns, changes, and movements in the economy over time, including growth rates, inflation, and employment levels.
Economic Events
Incidents or developments in the economic sector that can have significant impacts on financial markets, businesses, and consumer confidence.
- Pinpoint the main institutions and groups within the Executive Office of the President and understand their functions.
Verified Answer
AC
andrea cosbyMay 02, 2024
Final Answer :
D
Explanation :
The Council of Economic Advisers is a group of economists who advise the president on economic policy based on their analysis of the economy and economic trends. They do not negotiate foreign trade treaties, regulate stock market transactions, or set interest rates for the federal government.
Learning Objectives
- Pinpoint the main institutions and groups within the Executive Office of the President and understand their functions.