The answer is B, a set of beliefs and laws, because of what they consist of, like "Thou shalt not bear false witness against thy neighbor" and so on.
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.
<span>The Depression spread rapidly around the world because the responses made by governments were flawed. When faced with falling export earnings they overreacted and severely increased tariffs on imports, thus further reducing trade. Moreover, since deflation was the only policy supported by economic theory at the time, the initial response of every government was to cut their spending. As a result consumer demand fell even further. Deflationary policies were critically linked to exchange rates. Under the Gold Standard, which linked currencies to the value of gold, governments were committed to maintaining fixed exchange rates.</span>
Answer:
false
Explanation:
i hope this help btw i threw my dead cat of the 500th floor