The goals of monetary policy are to regulate economic volatility and achieve price stability (low and steady inflation).
What is the monetary policy?
A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements.
The Federal Reserve Bank of the United States carries out monetary policy under a twin mandate to maximize employment while containing inflation.
Targeting a high degree of inflation and lowering the amount of money in circulation are the goals of contractionary monetary policy.
Because a larger money supply and alluring interest rates encourage business activity and job market expansion, an expansionary monetary policy reduces unemployment. Monetary policy has the potential to impact the rates at which local and foreign currencies are exchanged.
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Marbury v. Madison and McCulloch v. Maryland are some of the earliest examples of landmark cases in the history of the Supreme Court. Their decisions, which have had lasting impacts on the interpretation of the Constitution, are vital to todays understanding of the federal government.
Marbury v. Madison established the policy of judicial review. Judicial review holds that the court has the power to declare acts of Congress unconstitutional should it be inconsistent with the Constitution. This put a sizable check on the power of Congress to pass laws and established the power of the court in the new government.
McCulloch v. Maryland established that when it comes to clashes between state laws and federal laws, federal laws will always trump state laws except for a few rare exceptions. This reaffirmed the power of the new national government and the broad sweeping power it had over the states.
Answer:
Brown v. Board of Education.
Explanation:
The 1954 Supreme Court landmark case Brown v. Board of Education ended segregation in public schools, reverting the 1896 Plessy versus Ferguson decision. It says that separate schools for children of different races are unconstitutional.
Answer:
to declare war on Japan, which they did by an almost-unanimous vote.
Explanation:
The attack on Pearl Harbor left more than 2,400 Americans dead and shocked the nation, sending shockwaves of fear and anger from the West Coast to the East. The following day, President Franklin D. Roosevelt addressed Congress, asking them to declare war on Japan, which they did by an almost-unanimous vote.Jan 8, 2018