Answer:
The correct answer is that some of the social effects of the American revolution were the increase of participation from the population in the jovernance and political issues.As well some of the least effects after the American revolution was the trade war between Europe and the United States that would later passed as with time they would be allies.
Explanation:
However, in the question were it says that we were not a democracy right out of the box because the founding father had more control over the new country than its population.
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.
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