•Unequal distribution of wealth • 60% of all American families had an income of less than $2000 per year (i.e. they were living below the poverty line). Top 5% of people earned 1/3 of the wealth. The only way poorer Americans could consume was through credit and consumption
Answer:
The use of open market operations as a monetary policy tool ultimately helps the Fed pursue its dual mandate—maximizing employment, promoting stable prices—by influencing the supply of reserves in the banking system, which leads to interest rate changes.Aug 21, 2019
B.The Catholic Church’s ability to influence European politics declined.
<span>the Protestant Reformation change governments in Western Europe because many governments that were under the influence of the Catholic church become more secularized, with a consequent reduction in the ability of the church to influence European politics on many levels. In some country, the church lost all its influence, following the decision of such nations to become official protestant. </span>
Which philosophy focuses on internal happiness and harmony with nature?
Buddhism