The answer is C merit became the basis of all civil service jobs
Aristotle is known to be a great man. He proposed that there were 12 basic virtues that when cultivated allowed people to grow toward a state of eudaimonia.
<h3>Why is eudaimonia vital?</h3>
Aristotle is known to be the man that states that that the purpose of mankind is to be in eudaimonia that is happiness.
He believed that the essence of man is to achieve happiness, which is a state of having a serene and long life happiness, instead of the small or partial exaltation of the senses.
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Southerners wanted to develop industry because they relied on the North for their industry, but since they were in a war the North was not giving them anything.
Answer: Inflation
Explanation: Inflation is the rate at which the monetary value of goods and services increase. The main duty of the Federal reserve,also called "the Fed" is to control inflation while avoiding recession. The Fed does this by adopting monetary policies according to the situation.
When the discount rate is increased, it means the interest rate is higher and this contracts or reduces the money supply in commercial banks which in turn reduces inflation by slowing down economic growth. This reduces the pressure on the price , inflation is reduced and there's equilibrium.
Increasing the reserve requirement also curbs inflation as this also entails taking money out of the supply and increasing the cost of credit, slowing down the economy and reducing inflation.
