D.) The cost of all goods and services increases rapidly
Instead, presidential elections use the Electoral College. To win the election, a candidate must receive a majority of electoral votes. In the event no candidate receives a majority, the House of Representatives chooses the president and the Senate chooses the vice president.
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As inflation increases, the value of money decreases and the Federal Reserve counters by increasing the interest rates. During times when job growth is low and the economy is stagnant, the Federal Reserve lowers the interest rates to spur economic growth.
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