The correct answer is A) raised interest rates in an attempt to slow down inflation.
<em>Under President Carter, the Federal Reserve raised interest rates in an attempt to slow down inflation.
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When Jimmy Carter took the presidency of the United States the economy was improving slowly. But the Federal Reserve attempt to slow down inflation in the late 70s made the economy of the country to slow more. The U.S, recession of that time had been caused by the oil embargo, so President Carter’s idea to improve the economy of the nation was to reduce the dependence of foreign energy and petroleum.
Answer:B, E, C
Explanation:these are all the answers. you should get them right
<span>William T. Sherman became known for using tactics of total war in the south during the Civil War. </span>
Answer:
The Federal Reserve Bank reports to the Congress and thus stand accountable to the people of U.S.
Explanation:
The U.S Federal Reserve Bank is commissioned by Congress with a specific authorization under the Federal Reserve Act of 1913. They are expected to report annually to Congress. The significant proportion of governors are named by the President. They should also need to confirm by Congress. And the election of the President and Congress by the people of the country have an indirect control on the Federal Reserve bank.
