There was actually a surplus in the economy during Andrew Jackson's presidency when he paid it all off.
To experiment the force of gravity between masses
Answer:
The correct option is A: Banks decrease their prime rate.
Explanation:
When the government through the Federal Reserve ups the discount rate, other rates tend to follow in the same direction. The reverse is also true.
The discount rate is the rate at which the Federal Reserve lends to Commercial Banks. Commercial banks on the other hand, in order to keep the profit, are forced to adjust their prices in the direction of the discount rate.
The prime rate is the rate at which commercial banks lend to their customers who have very good credit ratings.
The discount rate in economics is one of the monetary policy tools available for use by the government. It is used to adjust factors such as money supply and inflation.
Cheers
Answer:
Option B.
To choose a party's candidate for a general election, is the right answer.
Explanation:
Primary elections are the method by which citizens can show their choice for the candidate of their party, or a nominee in general, in forthcoming general polls, provincial polls, or by-election, to narrow the arena of nominees. The origins of the primary elections can be determined to the progressive movement in the U.S., that intended to exert the authority of contestant nomination from party leads to the people.