The answer to your question is letter b because I red that story
#1 is too vague and casual. #2 uses slang that wouldn't be used in a college application. #3 uses dated wording.
This leaves us with #4, which offers a personal reason for volunteering ("my grandfather had a heart attack") and is overall written formally. Thus, this would be the most appropriate style and tone for such an essay.
Answer: Banks would be able to loan more money.
Explanation:
The Fed does indeed do this and it is called the Reserve Requirement. It is a percentage of deposits that banks are to keep with the Fed and it has the effect of reducing the amount of money that banks have available to loan out to entities.
The Fed sets the percentage that the banks are to keep with it and this enables them to use it as a tool to control money supply because they could increase or decrease it depending on how much they want banks to lend out.
Answer:
A new flat has been bought by him
