Economists who are primarily responsible for advising Congress on economic matters work in which agency?
A)the Federal Reserve
B)the Congressional Budget Office
C)the Department of the Treasury
D)the Department of Commerce

Question

Quizplus · Accepted Answer

The Congressional Budget Office (CBO) is responsible for advising Congress on economic matters, including analyzing the budget and economic implications of proposed legislation. Economists working for the CBO provide objective, nonpartisan analysis and information to help Congress make informed decisions. While economists may also work in other federal agencies such as the Treasury or Commerce Departments, the CBO is specifically charged with advising Congress on economic matters. The Federal Reserve primarily focuses on monetary policy and regulating the banking system, rather than advising Congress directly.

Economists Who Are Primarily Responsible for Advising Congress on Economic