Convergent boundaries form strong earthquakes, as well as volcanic mountains or islands, when the sinking oceanic plate melts. The third type is transform boundaries, or boundaries where plates slide past each other, forming strong earthquakes.
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The Federal Reserve uses its policy tools to affect the availability and cost of credit in the economy as it conducts monetary policy, which largely affects employment and inflation.
<h3>What is monetary policy?</h3>
- The Federal Reserve's actions and communications to advance maximum employment, stable prices, and moderate long-term interest rates—the three economic objectives that the Congress has directed the Federal Reserve to pursue—combine to form monetary policy in the United States.
- Reserve requirements, the discount rate, and open market operations are the three instruments the Fed has historically used to implement monetary policy.
- The actions performed by a nation's central bank to manage the money supply in order to maintain economic stability are referred to as monetary policy.
- For instance, policymakers use instruments like interest rates, reserves, bonds, etc. to manage the flow of money in order to increase employment, GDP, and price stability.
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Answer:
D. Certification
Explanation:
Certification can be defined as an official document issued to someone by an institution of learning to attest and confirm that he or she has completed a course of study, attained a level of achievement (educational status) or passed an examination. The certification is to certify or confirm that the individual is a professional in that course of study or field. Some examples of certifications are CCNA, Comptia A+, HSE I and II, Open CA, CSA etc.
Generally, certifications are only issued to someone when they have been made to undergo a certification test and are successful in the test. This ultimately implies that, the individual is knowledgeable and competent enough to practice in a particular occupational area or field.
<em>Hence, Architects, Lawyers, Physicians, Pharmacists and Psychologists require certification. </em>
