Answer:
Inflation is an increase in the general price level in an economy. It is probably caused by the relative increase in the amount of money in relation to the available economic production. If the social money supply increases and the country's production is not matched, the average price level will rise due to the increased demand for goods. Due to the price increases, the value of money, the purchasing power of money, decreases. You can buy less for the same amount, thus lowering demand.
Answer:
Option (A) is correct.
Explanation:
If it contracts with a private firm, for 1st contract,
profit = [(2 × 0.25) + (1 × 0.4) - (1 × 0.35)]
= 0.55 million dollars
If it contracts with the government, or second contract
,
profit = ($4 × 0.4) - ($2.5 × 0.6)
= 0.1 million dollars
Therefore, it is clear from the above calculations that the contract with a private will offer more profit as compared to the contract with the government.
The term that is being described above is the rules committee;
the rules committee are responsible of having to take charge on bills in which they
determine the rules of each bills and whether they are to consider it in the
floor of the house.
Answer:
B) determining monetary policy AND D) setting reserve requirements.
Explanation:
The Federal Reserve Bank is comprised of 12 regional Federal Reserve Banks that are each responsible for a specific geographic area of the U.S.
The Fed's main duties include <u>conducting national monetary policy, </u>supervising and regulating banks, maintaining financial stability, and providing banking services.
Furthermore, In the United States, the Federal Reserve Board of Governors <u>controls the reserve requirement</u> for member banks.
