When interest rates are increased, borrowing money becomes more expensive. This translates into both individuals and buisnesses having to slow down their enconomic growth, because financing their activities or production also becomes more expensive.
The Federal Reserve has the <u>double-task</u> of keeping prices manageable in a flourishing economy while keeping unemployment as low as possible. When there's inflation, it's been proven that slowing down the economy by increasing interest rates, tends to reduce inflation. That's why it's a good option. We have to keep in mind, however, that this will raise unemployment as a collateral effect.
As you can see, there's no easy answer when it comes to balancing all factors at the same time.
Hope this helps!
The new world builds an inter dependent global economic system by each continent relied on the other continents to thrive. For example, are europe, africa and america in new system which: Europe played a distinctive role in markets, capital, and technology. Africa played a distinctive role in labor and america played a distinctive role in raw materials which includes metal and soil for sugar cane.
Explanation:
Hamilton made two principal points in the essay. First, he argued for the independence of the judiciary from the other two branches of government, the executive and the legislative. In presenting a case for the judiciary, he reached his second major conclusion: that the judiciary must be empowered to strike down laws passed by Congress that it deems "contrary to the manifest tenor of the Constitution."
In presenting his argument for the independence of the judiciary, Hamilton claimed that it was by far the weakest of the three branches. It did not, he said, have the "sword" of the executive, who is commander in chief of the nation's armed forces, nor the "purse" of the legislature, which approves all the tax and spending measures of the national government. It had, according to Hamilton, "neither FORCE nor WILL but merely judgment."
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3- There were southern republicans (known as scalwag) who incorperated former dems, northern migraters (carpetbaggers) and freed black slaves (freedman), there was aslo the Democrats (most predominent) and indepentant party.
Answer:
Irish immigrants, discrimination in employment
black Americans, lack of civil rights
Catholics, distrust by Protestants
