1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
atroni [7]
2 years ago
5

The banking system and the government can affect the nation's money supply by taking certain actions. Which effect results from

each action?
History
2 answers:
rodikova [14]2 years ago
5 0

Answer:

Hopefully this is somewhat right. Please correct me if not.

Explanation:

Congress Lowers Tax Rates: People spend more, so the economy grows.

Congress Raises Tax Rates: People spend less, so the economy slows.

The Federal Reserve lowers interest rates: People find it harder to borrow and spend.

The Federal Reserve raises interest rates: People find it easier to borrow and spend.

I did a couple searches, and I interpret "Interest" as bank interest like savings. If taxes are lower, people have more disposable income to spend, so they're able to spend more. If taxes are higher, the opposite happens. With my understanding of the question, if the federal reserve lowers interest rates, they're unable to gain money off of what they borrow and spend as the rate is lower.

If interest is instead how much money you have to pay from borrowing, then switch the two answers. I am not quite sure as I am currently taking the PLATO Edmentum course myself. Hopefully this helps a little bit and please correct me if I'm wrong or inaccurate in any way, this is my first brainly answer after having used it for a good week or so.

Scorpion4ik [409]2 years ago
4 0
By lowering the reserve requirements, banks are able to loan more money, which increases the overall supply of money in the economy.
You might be interested in
Who did Cavour make alliances with for land? a. France c. Sicilly b. Austria-Hungary d. Sardinia
Korvikt [17]

The correct answer is (A), France.

6 0
3 years ago
In what way were artists of the northern renaissance different from the artists of the italian renaissance
Yakvenalex [24]

The correct option is:

They primarily painted their works using oil paint.

During the Italian Renaissance, some remarkable egg tempera paintings and frescoes were produced. The northern renaissance didn't present that kind of frescoes because the climate wasn't appropriate to cure them. That´s why the north developed the chemistry of oil paints, so artists could have a medium that would dry and last.

7 0
3 years ago
Why did the US Congress pass an exclusion act in 1882 barring Chinese immigrants? A. because Chinese immigrants would work for l
lesantik [10]

The correct answer is A.

The Chinese Exclusion Act of 1882 was a United States federal law prohibiting all immigration of Chinese labor.

From 1870 to 1880, Chinese immigrants represented the largest group of nonwhite immigrants in the U.S. at the time.

The Chinese immigrants were mostly men and they provided cheap labor, often working on farms, railroad construction and in low-paying industrial jobs. They were seen as unfair economic competition by many Americans. They were blamed for low wages and reduced job opportunities and for bringing drugs, crime and prostitution to the States.

<em>To many, they posed an economic danger as they held job taken away from white Americans.</em>

8 0
3 years ago
What are The similarities between appi community and black American community fight for civil wars
statuscvo [17]

Answer:

Like the activists of the African American civil rights groups, their goal was complete racial equality. The main difference between the two movements was that some supporters of Black Power were prepared to use violent methods to achieve these goals.

6 0
2 years ago
Read 2 more answers
When the Supreme Court rules on a case how many agree votes are needed to reach a verdict
lutik1710 [3]
I believe at least 5 out of 9 votes are needed to reach a verdict :)
7 0
3 years ago
Read 2 more answers
Other questions:
  • The Glorious Revolution of 1688 __________. eliminated the House of Lords established an absolute monarchy made Parliament supre
    10·2 answers
  • Which statement best explains the Three-Fifths Compromise?
    13·1 answer
  • Paul W. Tibbets, Jr. was the commander and pilot of the plane that dropped the atomic bomb on Hiroshima. Use his statements, sho
    10·2 answers
  • What was the goal of direct control
    12·1 answer
  • Compare and contrast the Populist and Progressive movements.
    12·1 answer
  • Excerpts from First Inaugural Address of Andrew Jackson:
    10·1 answer
  • The town meeting is practiced by several small towns in the United States. In a town meeting, any voting citizen may vote on new
    6·2 answers
  • Please answer this I need help Thank You
    12·1 answer
  • Hiiiiii I need someone to do Focus notes on this article please have at least 4-5 questions with an answer please I'll give you
    5·1 answer
  • Versailles treaty <br> Please answer (30 points)
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!