Early each year, the president of the United States issues an economic report, which contains the economic forecast for the year. This report is prepared by which of the following?
A)By the Fed.
B)By the Department of the Treasury.
C)By the president's Council of Economic Advisers.
D)By the CIA.
E)None of these is correct.

Question

Quizplus · Accepted Answer

The president's economic report is prepared by the Council of Economic Advisers, which is a group of economists appointed by the president to provide advice on economic policy. The Fed and the Department of the Treasury may provide input and data, but the report itself is produced by the Council of Economic Advisers. The CIA is not involved in the production of the economic report.

Early Each Year, the President of the United States Issues