The fed fights inflation by raising interest rates. a. decreasing the monetary base, which raises the interest rate and increases saving.
In finance and economics, interest is the payment by the borrower or deposit-taking financial institution to the lender or depositor of an amount in excess of the repayment of the principal (that is, the amount borrowed) at a specified rate. [1] It is different from a fee that a borrower can pay to a lender or a third party. It also differs from a dividend that a corporation pays to its shareholders (owners) out of its profits or reserves, but rather than at a certain pre-determined rate, the amount of compensation the entrepreneur receives when the profit is generated. It will be prorated as part of the total cost exceeded.
Health and hospital budget are given special attention in any country. If the country is poor its health budget is given maximum fund to ensure good health care facilities for the citizens. Cities and States spend about same amount on health and hospitals budget to ensure the health care facility availability in the country and to deal with any pandemic diseases.
