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The Great depression of the 1930's and then World War 2 in the early 1940's.

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Q: What 2 major events marked a dramatic change in the amount of federal spending and its impact on the nation's economy?
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Which government board affects our nation's economy?

The Federal government board affects our nations economy. They can regulate the intrest rates, taxes, and buy and sell bonds to prevent either inflation or unemployment.


What is the role of the office of management and Budget?

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