Question
Who do think is more impactful in affecting the economy? The Fed or Congress and the President? Explain your choice
B I VIE E
Answer
Both the Fed and Congress/President have significant impacts on the economy, but in different ways. The Fed has more direct control over monetary policy, such as setting interest rates and regulating the money supply. Congress and the President have more control over fiscal policy, such as taxation and government spending. Ultimately, both entities work together to shape the economy, but the Fed's actions tend to have more immediate and direct effects.