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How does congress go about regulating the value of money?
(a VERY simplified answer) By regulating the supply of money in circulation and the interest rates for borrowing from the US Treasury.
What is the relation between Public borrowing and price level?
if the increase the public borrowing increase the price level of economy.
What are the advantages of a stable currency?
Advantages of a stable currency can include lower borrowing costs and low inflation. A better economy and more investing are other advantages of stable currency. Stability creates confidence. It also allows for better planing as the problem of widely fluctuations in these markets keeps investors away leading to the possibility of even more instability. It's not always clear why this can lower borrowing costs.
Which best describes the economic effect that results when the government increases interest rates?
Borrowing money becomes more expensive and there is less investment in production.
What is the easiest way of borrowing money?
credit cards
Who creates caps on government borrowing?
congress
Is borrowing money one of the powers of congress?
Yes
Is congress prohibited by the constitution from borrowing money?
False
Which branch of government is in charge borrowing and spending money in the US?
Congress
Which class of network license allows the borrowing of 15 bit to create subnets?
- is A
What does the elastic allows congress to do this?
What does the elastic clause allow Congress to do?It allows Congress to create laws or stretch laws which they think are necessary.
What clause that allows congress to have unlisted powers?
Unlisted powers of congress
What is the part of the constitution that allows congress to regulate the television?
the part of the constitution that allows congress to regulate the television industry is the commerce clause
What does the war powers act allow congress to do?
Allows congress to officaly declair war.
Which chamber of Congress allows unlimited debate?
The senate
Who can limit the nation's debt?
In the U.S., the Constitution places all authority for borrowing and spending in the hands of Congress. In 1917, Congress passed a law which allows the Executive Branch, specifically the U.S. Treasury, to borrow money as necessary, provided that the total amount borrowed remains within a limit set by Congress. Currently (July 2011), that limit is set at $14.3 trillion. The Treasury is saying that they will need to borrow more than that within a few weeks.
Who limits the nation's debt?
In the U.S., the Constitution places all authority for borrowing and spending in the hands of Congress. In 1917, Congress passed a law which allows the Executive Branch, specifically the U.S. Treasury, to borrow money as necessary, provided that the total amount borrowed remains within a limit set by Congress. Currently (July 2011), that limit is set at $14.3 trillion. The Treasury is saying that they will need to borrow more than that within a few weeks.
