The Federal Reserve (the Fed) is the central banking system of the United States. One of it functions is to manage the nation's money supply through monetary policy in order to maintain the stability of the financial system and the economy.
The Fed had the power<em> to increase the money supply</em>. If the Fed believes that the economy is operating well below its potential level of output, the money supply is <em>increased in order to stimulate the output and employment</em>. Output is the quantity of services and goods produced.
To increase the money supply means that people will have <em>more or excess</em> <em>money</em> to spend. Consumption will <em>increase</em>, people will demand more goods and services. Some may want to deposit the excess money in banks making the bank's excess reserves richer ( banks will own more money). If the banks own more money, they are willing to lend more. Banks will<em> lower</em> <em>interests rates</em> to motivate borrowing.
As the result of increased consumption and investment ( more money available, lower interests rates ) the country's<em> GDP will increase</em>. GDP is the market value of all the goods and services produced in the USA during a specific time.
Answer:
advise
Explanation:
The cabinet is made up of secretaries who advise the president on different things.
Answer: It gave aid to France ,Britain, Russia, and China
Explanation: We gave Shermans, M3a3 Lees, M3/M-5 Stuarts, and other tanks to them. Also planes and other need items. We also sent a squadron, the Flying Tigers to China to aid against japan.
Answer:
Slavery was abolished in 1865, though the law says that you can't have african americans as slaves, it did not mean anything else, and white people had huge racist and prejudiced holdings against them, and because of this they were segregated and had been victims of many crimes because of their color because most americans did not like the fact slavery was abolished and treated them like dirt especially in the south.
Explanation:
Unrelated but this led to the great migration of African Americans from southern places to north, about 6 million traveled. (1916-1970)
