Answer:
A. He created the Federal Reserve System, which allowed the government to control the flow of money in the country.
Explanation:
The federal Reserve enable the central government to print /create the money that circulated in the country. This ability give the power to the central government to control the rate of inflation/deflation the country.
For example, If the country is experiencing inflation, the central government could reduce the amount of printed money. By doing this, the value of money circulated in the country will gradually increase and the rate of inflation be reduced.
Direct election of U.S. senators is your answer!
Answer:
Economies around the world have become more interconnected because of globalization.
Explanation:
In the modern era, the globalization took a massive swing worldwide, and most of the countries became much more connected with each other through the means of economy. The main players of the globalization process are the big corporations which set affiliations throughout the world, and managed to gain many new markets for their ever growing production of goods. Apart from the likes of North Korea, Iran, Turkmenistan, and countries similar to them, most of the world is already or is heading towards the globalization trend. It is a process that has its supporters and critics, depending on the point of view, and to a certain extent both sides have good arguments for their claims.
The theory that too much money in the economy causes inflation is referred to as the quantity theory.
