Answer:
The correct answer is Option "b. The value of the currency would increase"
Explanation:
The government through the central bank can adopt a variety of measures to control the amount of money supply in the economy. The state uses a combination of monetary and fiscal policies to this effect.
In the given example, the federal government would not print more money due to the implications it has not only on the value of the currency but also on other macroeconomic variables such as interest rates and inflation.
By printing money, there would be an excess amount of money supply in the economy. That would make each dollar in the economy worth less than what it was before. This puts downward pressure on interest rates and boosts inflation as well.
Due to higher inflation, a greater amount of money would be required to continue with normal business which would again cause the need to further increase money supply. Using the law of simple demand and supply, the value of money would keep lowering as money supply is kept increasing. This is why a government might elect to not print money.
France is the nation with the greatest number of Michelin-starred eateries. 632 restaurants in France have received Michelin stars altogether. 29 while 74 of these establishments have at least two stars.
a top-notch eatery in its field. Two stars: Delightful food, well worth the detour. Three stars: Outstanding cuisine, deserving of special travel. stars from Michelin stars. The late French chef Jol Robuchon is revered as the greatest cook of the contemporary era. And it's difficult to contest this assertion given the 31 Michelin stars distributed over three continents. Clermont-Ferrand, France serves as the global headquarters of the Michelin Group. The Michelin Group, which was established in 1889, sells tires in more than 170 nations. The brothers André and Edouard Michelin are the source of the Michelin stars moniker. They created the Michelin guide, which later developed into the widely used star-rating system, French launched the renowned tire company in 1889.
Learn more about Michelin stars here:
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It was because they didn't want to pay for tax
Every normal cell of the body.