D) The Federal Reserve increases the discount rate, which causes interest rates to rise and people to save rather than to spend. This action by the Federal Reserve slows the economic growth.
<u>Explanation</u>:
The <u>Federal Reserve </u>is the “central bank" of the United States of America. The Federal Reserve System is responsible for the money supply. The federal government follows <u>Fiscal Policy </u>to control recessions and encourage economic activity.
The Federal Reserve System expands or contracts the money supply based on <u>monetary policy</u>. The spending of consumers is automatically reduced, when the government increases the taxes on the product. This led to increase in saving the money rather than spending.
Answer:
Whereas the Federal Government and State governments share power in countless ways, a local government must be granted power by the State. ... In general, mayors, city councils, and other governing bodies are directly elected by the people.
Explanation:
I say it's D. It increased the demand for slave labor to grow cotton.
Answer:
In order to support himself, his horses, family, ect., he needs 600 acres
Explanation:
