Hello. You did not inform the article to which this question refers, which makes it impossible for it to be answered accurately. However, I will try to help you in the best possible way.
The Federal Reserve System is the US central bank and to correct economic problems, it can establish monetary policies to manage inflation and stabilize interest rates, which are the most effective policies for positive control in the economy. The interest rate, in particular, is capable of charging commercial banks short-term loans that can give a positive economic boost in the short and medium term. The Federal Reserve System can also cut federal fund rates, which allows interest rates to be lower in all economic sectors.
I believe that the answer to the question provided above is that Joy must loan in the bank than loaning in the car shop itself, since banks has lower rates.
Hope my answer would be a great help for you. If you have more questions feel free to ask here at Brainly.
Answer:
During colonial times, agriculture was the basis of society in
South Carolina. South Carolina’s economy, politics, and social
standing revolved around the institution of slavery. Large
plantations used the headright method and slave labor to work the
fields. By 1860, South Carolina had the highest percentage of
slaveholders in the nation, even though few slave owners owned
large plantations. Most South Carolinians lived on family or
subsistence farms and did not own slaves. The majority of slave
owners only owned one to two slaves and often worked in the field
beside their slaves.
Explanation:
By creating Jim Crow laws. Which made them “Separate but equal”
