Answer:
When interest rates change, there are real-world effects on the ways that consumers and businesses can access credit to make necessary purchases and plan their finances. It even affects some life insurance policies. This article explores how consumers will pay more for the capital required to make purchases and why businesses will face higher costs tied to expanding their operations and funding payrolls when the Fed changes the interest rate. However, the preceding entities are not the only ones that suffer due to higher costs, as this article explains.
Explanation:
The largest and most expensive social welfare programs in
America are Social Security and Medicare. Medicare receives the funding the
most, and it is not tested program while the social security is the example of entitlement.
The Social Security Act of 1935 brought government into the equation of the
obligations of one generation to another.
Five members of the board must hold valid cosmetology licenses and shall have been working as cosmetologists for at least five years in this state. This statement is TRUE.
- A seven-member Board of Cosmetology is established inside the department. Its members will be selected by the governor and confirmed by the Senate, and its job will be to carry out the terms of this act.
- The rest of the unexpired terms on the board may be filled by the Governor at any time.
- Each appointee must take the constitutional oath of office and submit it to the Department of State before beginning their duties as board members.
- The board will choose a chair and vice chair from among its members in the month of January.
- The board will hold as many meetings as it considers necessary throughout the year, one of which will be the annual meeting.
To know more about Cosmetology refer:
brainly.com/question/14069988
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Answer:
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Answer: pegged exchange rate
Explanation:
A pegged exchange rate also referred to as the fixed exchange rate, sometimes is an exchange rate regime type whereby the value of a currency is fixed by the monetary authority of a particular country against the value of the currency of another country.
This is the type of exchange rate used by the Chinese government in the question above.
