When interest rates are increased, borrowing money becomes more expensive. This translates into both individuals and buisnesses having to slow down their enconomic growth, because financing their activities or production also becomes more expensive.
The Federal Reserve has the <u>double-task</u> of keeping prices manageable in a flourishing economy while keeping unemployment as low as possible. When there's inflation, it's been proven that slowing down the economy by increasing interest rates, tends to reduce inflation. That's why it's a good option. We have to keep in mind, however, that this will raise unemployment as a collateral effect.
As you can see, there's no easy answer when it comes to balancing all factors at the same time.
Hope this helps!
The 7th amendment states that civil cases such as lawsuits with an amount greater than $20 that are based on disagreements between businesses or people, have a right to be decided by a jury in federal court. After the jury settled the case it should go back to trial again. This amendment relates to the theme of freedom because our freedom is determined by the jury during cases and not a the government. By having the jury determining our freedom in cases it protects our rights from being abused by the government.
Why it was almost impossible for one party to win a majority because the candidate(s) were represented by north or south. Most south obviously didn’t vote for the north and vice Versa. Since the majority was 50/50 or very close it was almost impossible for one party to win a majority. (You can copy this i didn’t use a website)
The European Union can be regarded as political and economic union which consists of 27 member states , and the base is situated primarily in Europe
It serve as trade agreement which unites all European countries having single trading goal. Credits: ayfat23
