The Federal Reserve Act of 2000 says that the Fed "shall maintain <u>long run </u>growth of the monetary and credit aggregates commensurate with the economy's <u>long run</u> potential to increase production.
<u>Explanation:</u>
The Act was created in 1913 and signed by the then ruling president as a way of establishing economic stability. This act introduced the central bank to oversee the state monetary policies. The law was established to set out the structure, purpose and function of the Reserve System.
Due to recession and other financial crisis prior to 1913, investors lacked trust in bank systems, therefore the act was passed to bridge the gap between citizens and the banking system. Over the years it has been amended by Congress to keep up with the changing financial times.
Answer:Spread is going to a new location without any cause.Migration is going to a new location to escape violence,find a better job and many more.
The correct answer is New York.
The American Music Theater, better known as Broadway, is located in Manhattan, New York. It is probably the most famous theater in the world, having been built back in the 1900s. Today, Broadway refers to not one theater, but rather 41 professional theaters in the area.
Answer:
King Philip II of Spain was, personality-wise, less cautious than Elizabeth I of England. He sought a more active foreign policy, in part because he had to, since he was not only a king, but the emperor of a huge Spanish Empire that included territories all over the world.
King Philip was a devout catholic who saw himself as a defender of the Pope, and as a leader of the counter-reformation. His anti-protestanism was one of his motivations for invading England in 1588.
Elizabeth I was more reserved, in part because he did not have as much power as Philip II. She was the king of a small island-country, not the empress of a transoceanic empire. She was relatively tolerant of other religiouns while being anglican herself.
She did not had a lot military success until the Anglo-English war when her army defeated the Spanish Armada.
Answer:
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Explanation:
