Answer: Say the Federal Reserve decides to reduce interest rates to stimulate economic growth. They do this by purchasing government securities over the open market with newly created money. The bank will take this new money and lend it out (or purchase securities, it doesn't matter due to arbitrage). This has the effect of increasing the supply of loanable funds, pushing down the interest rate.
Now just because the interest rate is lowered does not mean that the expansionary monetary policy will have its desired effect immediately. Lower interest rates encourage borrowing, and increased borrowing can increase employment, GDP, etc. There is a lag between the reduction in interest rates and its effects on the real economy. People will not respond to the lower interest rates by borrowing and hiring immediately; the effect can take 1-2 years.
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Elizabeth was Albert's oldest daughter, which made her the new heir apparent and first in line to become queen
The answer for the
blank space is <span>"Elastic" or "necessary and proper clause".</span><span>
</span><span>To make all Laws which should be important and appropriate
for conveying into Execution the enumerated powers, and every single other
Power vested by this Constitution in the Legislature of the United States is
mentioned in the elastic or necessary and proper clause</span>
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i this is A plz help me too
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