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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Council of Economic Advisers  

Definition 1.

A group of economists appointed by the President of the United States to provide economic counsel and help prepare the president's budget presentation to Congress.
 

Definition 2.

A group of economic advisers appointed by the President to help formulate economic policy. This group typically consists of three members, who work in an advisory capacity and are not responsible for actual implementation of the policy.
 
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