The given statement is False.
If the federal and state minimum wages are different, then the highest minimum wage is not used.
Explanation:
There are different structure of governments in different countries. In the Federal government system, many decisions are taken by the federal, but there are some decisions in which the states are free to take actions and decisions.
For example, in a matter of setting the minimum wage rate, each state is free to set its own highest minimum wage rate. It doesn't matter what wage rate has been set in the federal, the states can set their own wage rate.
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Answer:
The main goal of the North at the outset was to bring the Southern states back into the Union.
Explanation:
Ending slavery was not a major Northern goal at first, but this changed as the war continued.
Answer: monetary policies
Explanation:
The monetary policy is the economic policy used by the central bank to control the supply of money or to mop up the excess liquidity in the economy in order to achieve the objective of controlling inflation in the economy through the use of the following monetary policy instruments
Open market operation : This is used when the central bank feels that the money in circulation is too little and wants to increase it, the bank will buy treasury bill from the commercial banks and give the commercial banks money. This will increase the money in circulation. But if the central bank feels that the money in circulation is too much and it wants to withdraw some, then the central bank sells treasury bill to the commercial banks and collect money from commercial banks this will decrease the money in circulation
Bank Rate : The bank rate determined the interest rate charged by banks on its loan. If the bank rate is high, the interest rate charged by commercial banks will be high.this will discourage the people from taken loan from the bank. But when the central bank reduces the bank rate, this will also make the interest rate to be low which will encourage the people to borrow from the commercial banks.
Cash Reserves : All commercial banks are expected to keep a certain percentage of their total deposit with the central bank. If the cash deposit ratio is increased the quantity of money left for commercial banks to lend out is reduced, but if the cash deposit ratio is reduced, then the quantity of money left for commercial banks to lend out is increased.
The Directives : The central bank may give central directives to commercial banks which they must follow, for example the central bank may ask the commercial banks to give credit for agricultural and industrial expansion. This will be the immediate channels to which credit may be directed.
Special Deposits : If the central bank is so pressed and decides to decrease credit facilities or the availability of loans it may ask the commercial banks to keep special deposits with it.This is done to contract credit only.when special deposit are kept with the central bank the amount of money left with the commercial banks is reduced and this reduces their ability to give loans.
Squanto was a Native American who helped the English colonists in Massachusetts develop agricultural techniques and served as an interpreter between the colonists and the Wampanoag. He taught the English how to plant and find food. Also to hunt. He was one of the few who spoke English. The corn was very important to the Americans survival.
