When interest rates are increased, borrowing money becomes more expensive. This translates into both individuals and buisnesses having to slow down their enconomic growth, because financing their activities or production also becomes more expensive.
The Federal Reserve has the <u>double-task</u> of keeping prices manageable in a flourishing economy while keeping unemployment as low as possible. When there's inflation, it's been proven that slowing down the economy by increasing interest rates, tends to reduce inflation. That's why it's a good option. We have to keep in mind, however, that this will raise unemployment as a collateral effect.
As you can see, there's no easy answer when it comes to balancing all factors at the same time.
Hope this helps!
As a result of the fur trade in the 1500s, American Indians began to have a growing influence on the French traders in the region, which eventually led to conflicts with Britain and the colonists.
The declaratory act is what gave parliament the right.
Some of the <span>political and social factors that contributed in the industrial revolution in Britain are:
</span>- Large and mobile work force- industry was an attractive source of working income.<span>
- Expanding economy
- Natural resources like iron and coal contributed to </span>industrial development<span>
- Political stability: The </span>stable government and established banking system encouraged market enterprise and entrepreneurship.
Answer:
C
Explanation:
I answerd this question and they took down my answer LOL
