Answer:
The correct option is C). Providing funding for another country to establish a clean water program.
Explanation:
Providing funding for another country to establish a clean water program is a correct option because the united state's Global water strategy aims to save lives, reduce poverty and promote peace and security.
The Global Water Strategy is the national policy of the United States whose strategic objective is to
- Access to Safe Drinking Water and Sanitation.
- Governance and Financing.
- Water Resources Management.
- Cooperation on Shared Waters.
The Wright brothers aka Wilbur and Orville Wright on December 17, 1903
Answer:
The correct option is A: Banks decrease their prime rate.
Explanation:
When the government through the Federal Reserve ups the discount rate, other rates tend to follow in the same direction. The reverse is also true.
The discount rate is the rate at which the Federal Reserve lends to Commercial Banks. Commercial banks on the other hand, in order to keep the profit, are forced to adjust their prices in the direction of the discount rate.
The prime rate is the rate at which commercial banks lend to their customers who have very good credit ratings.
The discount rate in economics is one of the monetary policy tools available for use by the government. It is used to adjust factors such as money supply and inflation.
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