POLS 1101 Lecture Notes - Lecture 11: Federal Reserve System, Rand Paul, Merit System
Document Summary
Alleged rape story in rolling stone proven false. Senator rand paul (libertarian) announced his candidacy. Ney york judge has ruled that serving divorce through facebook dms is completely acceptable as long as he had no address and acknowledged her message. Three new wal-marts planned to be opened in columbus. You can no longer buy seafood or meats with food stamps to help encourage more people to get jobs. Went over a few points repeated from last class. Reorganize departments or units (power = budget and staff) (ch. 11 part 2) central points from textbook. Bureaucracy - the complex structure of offices, tasks, rules, and principles of organization that are employed by all large-scale institutions to coordinate effectively the work of their personnel. Department the largest subunit of the executive branch. Federal reserve system a system of 12 federal reserve banks that facilitates exchanges of cash, checks, and credit; regulates member banks; and uses monetary policies to fight inflation and deflation.
