<u>Answer and Explanation:</u>
The Federal Reserve, also known as the Fed, is central bank of the United States of America and its major purpose is to provide safety to the nation regarding the money and finances.
All the American banks are overlooked by them and they are the only ones that are allowed to issue currency of United States. Moreover, their main job is to conduct the monetary policies for the American government.
Answer:
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Explanation:
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The Phoenicians traded timber for papyrus and linen from Egypt, copper ingots from Cyprus, Nubian gold and slaves, jars with grain and wine, silver, monkeys, precious stones, hides, ivory and elephants tusks from Africa.
The mandate for the monetary policy goals that has been given to the federal reserve system is an example of a <u>dual </u>mandate.
The Federal Reserve Act mandates that the Federal Reserve conduct economic policy "if you want to sell efficiently the dreams of most employment, stable expenses, and mild long-time period hobby quotes."1 even though the act lists 3 wonderful dreams of monetary coverage, the Fed's mandate for financial coverage is not unusual.
The goals of monetary policy are to sell most employment, solid expenses, and mild lengthy-time period interest costs. by way of enforcing powerful monetary coverage, the Fed can hold strong prices, thereby helping conditions for lengthy-term monetary increase and maximum employment.
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