The Federal Reserve Act of 2000 says that the Fed "shall maintain <u>long run </u>growth of the monetary and credit aggregates commensurate with the economy's <u>long run</u> potential to increase production.
<u>Explanation:</u>
The Act was created in 1913 and signed by the then ruling president as a way of establishing economic stability. This act introduced the central bank to oversee the state monetary policies. The law was established to set out the structure, purpose and function of the Reserve System.
Due to recession and other financial crisis prior to 1913, investors lacked trust in bank systems, therefore the act was passed to bridge the gap between citizens and the banking system. Over the years it has been amended by Congress to keep up with the changing financial times.
Answer:
Consumer spending plummeted, factories slowed down production, and companies fired workers. The wages of those still employed were cut, making it hard for people to support their families since all the money was gone. American consumers lost their homes to foreclosure and lost (or sold) many of their possessions.
Answer:
It will be admissible as the testimony will be used to impeach the witness for being biased against the restaurant.
Explanation:
The US legal system allows for witness impeachment where bias can be the cause for concern. As this cross examination of the waiter by the defense laid the foundation to accuse him of bias, the court would allow this new testimony as evidence of bias.
That would be the mixed economy.
It's the combination of capitalist and socialist economy. In a mixed economy, people are free to do their business however they like, but the Government take some controls especially for the resources that are important and crucial for a lot of people , such as water, electricity, and public transportation
Hope this helps
The correct answer is letter C which is weak ethical.
We do know that the importance of promoting a culture of compliance and ethics is a must. Employees in a weak ethical culture aren't aware of ethical values and does not implement it and are not promoted and they hold on to "getting the job done is far more important than getting the job done in an ethically correct way"
