The Federal Reserve Act of 2000 says that the Fed "shall maintain <u>long run </u>growth of the monetary and credit aggregates commensurate with the economy's <u>long run</u> potential to increase production.
<u>Explanation:</u>
The Act was created in 1913 and signed by the then ruling president as a way of establishing economic stability. This act introduced the central bank to oversee the state monetary policies. The law was established to set out the structure, purpose and function of the Reserve System.
Due to recession and other financial crisis prior to 1913, investors lacked trust in bank systems, therefore the act was passed to bridge the gap between citizens and the banking system. Over the years it has been amended by Congress to keep up with the changing financial times.
Homo erectus. an extinct species of the early human, they used to be known as "Pithecanthropus erectus", having upright posture and a well-evolved post-cranial skeleton, but with a small brain, lowered forehead, and protruding facial structure.
Answer:
honestly thats a really good introduction
Explanation:
1) Having access to goods not produced in the country: for example, an individual might want to have access to a book in a foreign language, but this book is not printed in their country - so they can import it
2) The Individual has a bigger choice and can have access to more satisfying goods - for example importing chocolate from foreign countries means that there will be more choice and that the individuals can explore their preferences.
Answer:
Symbolic interaction
Explanation:
Symbolic Interaction Theory derives its meaning from the sociological perspective analysis society based on human interpretation. It states that the subjective meaning of the behavior and events are the basis of social bonds. It explains how humans construct the symbolic world and how these worlds affect their own behavior. For example, Mrs. Harper categorized students on the basis of their performance and symbol of achievers and slackers were put on them, this subjective analyze would mold the behavior of students too.
