Answer:
Explanation:
Since you have not given any choices, the best I can do is list what the fed would most likely do.
Their first step would be to lower interest rates. That would mean that consumers and corporations would pay out less in borrowing cost and free up money for them to spend in other ways. That is all that the fed should do. That is all they were, in the beginning, mandated to do.
Since the beginning, they have begun to become creative and have done all sorts of things to keep out of a recession. They've printed more money. Literally. They done this producing dollars that have no backing whatever. This action has created wealth for institutions like the banks and very wealthy wall street investors. It has done nothing for the middle class. Likely both your parents work. When I was raising my kids, it only required that I be out of the house. We lived comfortably on just 1 wage.
If you're talking about U. S. A then 44 presidents
Italian society is very family-oriented. Parents, elders, children, and extended relatives often gather together to enjoy a home-cooked meal or commemorate religious functions.
The effect of all people in China using the same coins and the same writing system was that the trade became much easier.
Answer: Option B
<u>Explanation:
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Communication is the soul of trade and commerce. The usage of a common writing system in China allowed traders and merchants from across the country to understand the nuances of trade and communicate with each other without much problem, no matter which part of the country the traders came from.
The ease of doing business dispensed by a common writing system allowed the contemporary markets to prosper and grow big enough to attract traders and merchants from all over the world.
Having a common system of coins acted like conventionally accepted currency and made day-to-day business much easier. The value of the coins being predetermined, no problems arose in their exchange of products and services.
