Answer:
b. there is an inverse relationship between the price of a good and the amount people want of it.
Explanation:
The law of demand states that when the price of a good increases, people is less willing to buy the product, so the quantity demanded decreases. This indicates that there is an inverse relationship between this two variables. According to this, the demand curve is downward-sloping which reflects this relationship.
Answer: Option (D). Setting margins on municipal securities.
Explanation: Setting margins on municipal securities is not a function of federal reserve. The federal reserve can set margins for corporate stocks, bonds, with the exemption of securities.
Federal reserve system which is often referred to as “The Fed” is the central banking system of the United States of America. “The fed” was created by the congress to provide the nation with a safer , more flexible and more stable monetary financial system. Federal reserve board is charged with overseeing of the 12 district reserve banks and setting national monetary policy. It also oversee and regulate the United States banking system.
With the declaration of the Independence and the ratification of the U.S constitution, a national identity was created. Some of the beliefs and principles found is the constitution that created this national identity leading Americans to this feeling of belonging were:
- Individual Freedom.
- Political Equality.
- Unalienable Rights.