That statement is True.
Body language plays a really important factor in every speech because it formed audience's main perception about you.
You need to make sure that you eliminate all negative non-verbal behaviors such as slouching your shoulder, keep looking on the ground, or delivering a speech with low volume.
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Persia's standing army was an important factor in Persia's rapid growth because of the elite soldiers within the standing army. They were known as the "Immortals" and tasked to maintain order from within and the outside.
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Answer:
When the Fed lowers the discount rate, this increases excess reserves in commercial banks throughout the economy and expands the money supply. On the other hand, when the Fed raises the discount rate, this decreases excess reserves in commercial banks and contracts the money supply.
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