The Federal Reserve System is in charge of monetary policy, such as setting interest rates. Fiscal and tax policies are determined by the legislative branch of government.
The banknote (also known as paper money or note) was one of them. Marco Polo was particularly surprised when he first encountered it. Banknotes were not made out of paper, but out of the bark of the mulberry tree. Other products or inventions included the compass, the gunpowder and the printing.
Formed 5/15/1869 in NY. It was formed because Susan B Anthony & Elizabeth Stanton opposed the 15th Amendment unless it included the vote for women.
It goes. Fewer. Increase. Raise Prices. Increase. More. Decrease.
I hope this helped!!! :D
P.S. I’m only a 7th grader.
