When interest rates are increased, borrowing money becomes more expensive. This translates into both individuals and buisnesses having to slow down their enconomic growth, because financing their activities or production also becomes more expensive.
The Federal Reserve has the <u>double-task</u> of keeping prices manageable in a flourishing economy while keeping unemployment as low as possible. When there's inflation, it's been proven that slowing down the economy by increasing interest rates, tends to reduce inflation. That's why it's a good option. We have to keep in mind, however, that this will raise unemployment as a collateral effect.
As you can see, there's no easy answer when it comes to balancing all factors at the same time.
Hope this helps!
Among the causes of the conflicts were the affranchis' frustrations with a racist society, turmoil created in the colony by the French Revolution, nationalistic rhetoric expressed during Vodou ceremonies, the continuing brutality of slave owners, and wars between European powers.
Manifest Destiny is the belief that Americans were destined to expand across North America from coast to coast.
The Emancipation Proclamation is an executive order by Abraham Lincoln freeing the slaves.
The Monroe Doctrine was a United States policy of opposing European colonialism into the Americas.
Lastly, The Louisiana Purchase was the purchase of the Louisiana territory by the US from France.
Manifest Destiny is the best answer.
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