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!
The Nullification Crisis was a sectional crisis in 1832–1833, around the time of when Andrew Jackson was president, which has involved a confrontation between South Carolina and the federal government.<span />
Answer:
Japan
Explanation:
Japan was an island with no other countries bordering it, and they even adopted a policy stating that they would do no trade or even contact other countries, and no citizen was allowed to leave.
Explanation:
In December 1917, Germany agreed to an armistice and peace talks with Russia, and Lenin sent Leon Trotsky to Brest-Litovsk in Belarus to negotiate a treaty. The talks broke off after Germany demanded independence for Russian holdings in Eastern Europe, and in February 1918 fighting resumed on the eastern front.
