Semantics is the answer. Please rate me Brainiest.
Answer and Explanation:
According to the Daily Mirror, this information is completely true, since various media such as magazines and newspapers have had to adapt to be able to resist the advance of the internet. As the internet is able to group a large number of information in one place, allowing the user to access everything with ease, the printing of magazines and newspapers was hampered. In this case, the corporations responsible for these media had to adapt and use the digital format to survive. The same happened with telephone operators, film rental companies, industries related to the sending of letters, among others.
The Federal Reserve Act of 2000 says that the Fed "shall maintain <u>long run </u>growth of the monetary and credit aggregates commensurate with the economy's <u>long run</u> potential to increase production.
<u>Explanation:</u>
The Act was created in 1913 and signed by the then ruling president as a way of establishing economic stability. This act introduced the central bank to oversee the state monetary policies. The law was established to set out the structure, purpose and function of the Reserve System.
Due to recession and other financial crisis prior to 1913, investors lacked trust in bank systems, therefore the act was passed to bridge the gap between citizens and the banking system. Over the years it has been amended by Congress to keep up with the changing financial times.
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