The correct answer in the statement above is indulgences. These are given to people who have committed sins and has ask for forgiveness because of their feelings of guilt that would drive them to be forgiven after asking for forgiveness. This is how indulgences are provided.
The mandate for the monetary policy goals that has been given to the federal reserve system is an example of a <u>dual </u>mandate.
The Federal Reserve Act mandates that the Federal Reserve conduct economic policy "if you want to sell efficiently the dreams of most employment, stable expenses, and mild long-time period hobby quotes."1 even though the act lists 3 wonderful dreams of monetary coverage, the Fed's mandate for financial coverage is not unusual.
The goals of monetary policy are to sell most employment, solid expenses, and mild lengthy-time period interest costs. by way of enforcing powerful monetary coverage, the Fed can hold strong prices, thereby helping conditions for lengthy-term monetary increase and maximum employment.
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Financial literacy is the ability to use knowledge and skills to manage financial resources effectively.
