Question

The ____ help the president make policy on inflation, unemployment, and other economic matters and is considered part of the Executive Office of the President.

a) Council of Economic Advisers
b) Office of Management and Budget
c) Federal Reserve System
d) Bureau of Labor Statistics

Answer 1

The Council of Economic Advisers (CEA) helps the president make policy on economic matters such as inflation and unemployment.

Step-by-step explanation:

The Council of Economic Advisers (CEA) helps the president make policy on economic matters such as inflation and unemployment. It is considered part of the Executive Office of the President. The CEA is a group of economists who provide advice on economics and economic policy to the president. They analyze economic data, conduct research, and make recommendations to the president based on their findings.

For example, if the president wants to create policies to reduce unemployment, the CEA will study the causes of unemployment and recommend strategies to address it. If the president wants to control inflation, the CEA will provide guidance on how to manage monetary policy to keep prices stable. The CEA plays a crucial role in shaping the president's economic agenda and helping them make informed decisions.