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!
Lake Balaton hope this helps.
he was a great leader and helped the worldAnswer:
Explanation:
He would be 261!!!!!!! :))))))
Answer:
All-white provisional governers
Explanation:
Following the end of the American civil war in 1865, and the death of Abraham Lincoln that same year. The newly appointed President (formerly vice president) Andrew Johnson, in a bid to carry out Reconstruction of the Southern united states, appointed provisional governors to the Southern States.
However, these Provisional governors seized power and began asserting their power in the state, such as creating series of black codes that disenfranchised the Freed Men (African American) of many things in the region.
