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:
the meaning of life is i honestly dont know its different for everyone and well my advice just live your life to the fullest and dont forget to stay cray
Explanation:
Answer:
an implicit agreement among the members of a society to cooperate for social benefits, for example by sacrificing some individual freedom for state protection. Theories of a social contract became popular in the 16th, 17th, and 18th centuries among theorists such as Thomas Hobbes, John Locke, and Jean-Jacques Rousseau, as a means of explaining the origin of government and the obligations of subjects.
Explanation:
To get more land and start a new life
<u>ANSWER:</u> The <em>southern people did like the idea of keeping slavery</em>, while on the other hand, the <em>northern people didn't liked the idea of keeping slavery</em>. They wanted to abolished slavery.
<em>hope this helps! :) from peachimin</em>
