<em><u>Expansionary Monetary Policy is pursued by Federal Reserve.</u></em>
<u>Explanation:</u>
Expansionary Monetary is a macroeconomic policy which takes an action on economic growth of the country. Expansionary policy can be either monetary policy or fiscal policy or combination of both. Its increases the money supply, boosts aggregate demand and lowers the interest rates.
It deters the contractionary phase of the business cycle. It’s even included that policy’s purchases of government securities and reduction in the ration of reserves, the other point is discount rate decreases.
The hindsight bias is often referred to as the "I-knew-it-all-along phenomenon." It involves the tendency people have to assume that they knew the outcome of an event after the outcome has already been determined
Answer:
Four score and seven years ago our fathers brought forth on this continent, a new nation, conceived in Liberty, and dedicated to the proposition that all men are created equal,” Lincoln declared.
You have to the what instructions say and observe the ice melting into water
Civilized society enriched with proper institutional pattern, perfect infra structure and a well built organization which needs money to be maintained properly.
Explanation:
To maintain a class of living standard, perfect shelter, balance between demand and supply money is needed abruptly. Civilization means implementation of modernized personals in the society which needs money. If a society face financial crisis it would not be possible further progress in prosperity.
In the early age when society was not upgraded and not civilized people live a life of a daily wager who earns money on daily basis and fulfill their basic needs that is bread and shelter on the basis of that. But in a civilized society people is educating, involving themselves in work and raising their lifestyle according to their capacity.