The Federal Reserve (the Fed) is the central banking system of the United States. One of it functions is to manage the nation's money supply through monetary policy in order to maintain the stability of the financial system and the economy.
The Fed had the power<em> to increase the money supply</em>. If the Fed believes that the economy is operating well below its potential level of output, the money supply is <em>increased in order to stimulate the output and employment</em>. Output is the quantity of services and goods produced.
To increase the money supply means that people will have <em>more or excess</em> <em>money</em> to spend. Consumption will <em>increase</em>, people will demand more goods and services. Some may want to deposit the excess money in banks making the bank's excess reserves richer ( banks will own more money). If the banks own more money, they are willing to lend more. Banks will<em> lower</em> <em>interests rates</em> to motivate borrowing.
As the result of increased consumption and investment ( more money available, lower interests rates ) the country's<em> GDP will increase</em>. GDP is the market value of all the goods and services produced in the USA during a specific time.
The right answer for the question that is being asked and shown above is that: "TRUE." William II asked Bismarck to resign because William II wanted a stronger military leader. This statement about William II is true as far as resigning is concerned.
Answer:
The right to information.
Answer:
The historical development which illustrates the fulfillment of Winthrop's argument is:
(A) Polk negotiated a compromise with the British over Oregon.
Explanation:
Between 1859 and 1872, Great Britain and the US fought a bitter war for the control of Oregon. This war was caused by a stray pig; no wonder, the US termed it: "the Pig War." Earlier John Winthrop had argued that the United States, the New England, was to become "a city on a hill," very conspicuous to all men. Possession of the new land signaled an alliance with the word of God. Failure to uphold the human part of the covenant would expose the country to ridicule. President Polk, fighting the Pig War with Great Britain over Oregon without victory, was a sign of failure to uphold the covenant. The country was exposed to public ridicule because the war only ended with the signing of a treaty (a form of compromise), which ceded the whole of Vancouver to Britain and then Oregon to the US.
