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.
The main cause for the French and Indian War was competition for land/fur/resources.
Option 1
<u>Explanation</u>:
This war is better called as a seven years war. The war between French and India was due to the series of conflicts over hegemony in North America. There are 3 reasons for the war between the French and India. One is economic, as North America was full of riches if one could hold of this place. It could have all the resources. Another is there numerous alliances. Both French and English had a lot of native alliances due to which due to internal disputes between their alliances cause conflicts between French and India. And another reason was Ohio territory who could claim it.
The answer is False. The sermon "The Sovereignty of God" is preached by Arthur Pink.
"The Sovereignty of God" is a biblical doctrine which holds that everything is under God's rule and control and that nothing occurs without His knowledge or consent. God orchestrates everything, not just some things, in accordance with the plan of His own will (see Eph. 1:11). Nothing surprises Him because His plans are all-encompassing and are never thwarted (see Isa. 46:11). God's omnipotence is more than just that He has the authority and right to rule over all; it also means that He does so consistently and without fail. God is therefore not only sovereign de jure (in theory), but also sovereign de facto (in practice).
Learn more about "The Sovereignty of God" here:
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