The bill will be sent back to congress
Answer:
It will mark the end of a decline in US influence and power, combined with the US rising from the ashes, after the catastrophe of corona
Explanation:
Northern merchants
supporters of federalism were mainly wealthy merchants from the North. <span>previously,members of the Federalist party were mostly wealthy merchants, big property owners in the North, and conservative small farmers and businessmen. However, after the great depression those who support a greater government involvement have been southern farmers mainly because of subsidies.
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When interest rates are increased, borrowing money becomes more expensive. This translates into both individuals and buisnesses having to slow down their enconomic growth, because financing their activities or production also becomes more expensive.
The Federal Reserve has the <u>double-task</u> of keeping prices manageable in a flourishing economy while keeping unemployment as low as possible. When there's inflation, it's been proven that slowing down the economy by increasing interest rates, tends to reduce inflation. That's why it's a good option. We have to keep in mind, however, that this will raise unemployment as a collateral effect.
As you can see, there's no easy answer when it comes to balancing all factors at the same time.
Hope this helps!
