check out the Ashford Writing Center at https://awc.ashford.edu/essay-dev-essay-structure.html) 1. Federal Policies: a. Provide a topic sentence that briefly describes one advantage and one disadvantage to a national policy that must be implemented by one agency of the federal bureaucracy. One advantage of a policy that must be implemented by one agency of the federal bureaucracy is the actual federal experts in the bureaucracy. The people set up the policy know much more about the issues than the
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Daniel Duranceau Econ 1 Wegman 29 September 2012 The Federal Reserve System of the United States There are seven members of the Board of Governors of the Federal Reserve. Dr. Ben S. Bernanke (chairman) was born in December 1953 (age 59) in Augusta‚ Georgia‚ and grew up in Dillon‚ South Carolina. He received a B.A. in economics in 1975 from Harvard University (summa cum laude) and a Ph.D. in economics in 1979 from the Massachusetts Institute of Technology. Ben S. Bernanke began a second term
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The federal bureaucracy‚ or civil service‚ which exists within the executive branch of the federal government‚ is responsible for implementing laws and government policy. Additionally‚ the bureaucracy manages the various programs established by the government. According to the text‚ “We the People”‚ “The bureaucracy is what makes government run” (400). Issues such as economics‚ war‚ and morality‚ and an overall need for a more effective government‚ spearheaded the establishment of a bureaucracy
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The government was not always the same is it is today. The first thirteen colonies did not have three branches of federal government. They didn’t have a main federal government at all actually. The country we know today started off with the thirteen colonies. The colonists did not like the idea of federalism‚ a strong central government. They were afraid of tyranny‚ and therefore did not want to give so much power to so little people. State constitutions were the start of the national constitution
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the federal is by far the less complicated. According to Article III of the Constitution‚ "The judicial Power of the United States‚ shall be vested in one supreme Court‚ and in such inferior Courts as the Congress may from time to time ordain and establish." In accordance with this directive‚ the federal judiciary is divided into three main levels. At the bottom are the federal district courts‚ which have original jurisdiction in most cases of federal law. Made up of 92 districts‚ the federal district
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5. Federal Funds Federal Funds represent the asset to lending bank and liability to borrowing bank. The loan in Federal funds is short-term loan. Usually‚ the loans are for one to seven days. These funds help the bank to correct short-tem fund imbalances. Federal funds rate is interest rate charged in the federal funds. It is same for all banks borrowing in federal funds market. Federal funds market more active on Wednesday because that is final day of each particular
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The role of state and local governments has provided a vital role in defining federal relations. The relationship has been defined by a few factors: Congress‚ the Supreme Court or other courts‚ and funding policies The courts must address questions concerning the powers of the state and federal government. Early Supreme Court decisions mirrored the views of Chief Justice John Marshall‚ who favored a strong national government. In defining commerce in the Gibbons v. Ogden case‚ he argued that Congress
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What is the economic rationale for government-backed deposit insurance? Case Study: The Federal Deposit Insurance Corporation (FDIC) The most important government agency is The Federal Deposit Insurance Corporation‚ whereby each depositor is insured to at least $250‚000 per insured bank in the case that a financial intermediary should fail. This protects people’s deposits so that they do not face a great financial loss. * When a bank fails it means they are unable to meet their obligations
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The Federal Register Act of 1935 created the current Federal Register system of publication. The Federal Register is the official journal of the federal government of the government of the United States that contain the most routine publication and public notices of government agencies. The Federal Register is a way for the government to let the people know what’s happening‚ and it also serves as an official journal of record for the approved acts of the U.S. Government. The notice and comment
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in the US. Furthermore the rates vary between countries and a little homework needs to be done before investing in this venue. 10-Abigail is a widow who is age 80 and blind and is claimed as dependant by her grandson. * Yes Abigail can file a federal income tax return depending on her income. * When filing her own return‚ Abigail’s standard deduction will be limited to the greater of $950 (2012) or the sum of her earned income plus $300. However if this exceeds the standard deduction she will
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