When the federal reserve raises interest rates investment spending in the US will be <u>decreased</u>.
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What is Federal Reserve?</h3>
- The United States of America's central banking system is the Federal Reserve.
- Following a string of financial panics that prompted the need for centralized supervision of the monetary system in order to prevent financial crises, it was established on December 23, 1913, the day before Christmas Eve, with the passage of the Federal Reserve Act.
- The Federal Reserve's dual mission is another name for the first two goals. In addition to overseeing and regulating banks, preserving the stability of the financial system, and offering financial services to depository institutions, the federal government, and foreign official institutions, its responsibilities have grown over the years.
- The Federal Reserve also undertakes economic research and produces a number of publications, including the Beige Book.
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Answer:
I wanna say B, but no promises. this isn't really my strong suit.
Answer: The opportunity cost of an item is what you give up to get that item. In this case, Pat's opportunity cost of making a pizza is the amount of root beer she gives up brewing. Making a pizza takes her 2 hours; if instead she spent her time producing root beer, she would produce 2 gal * (1 gal rb/ 4 hrs)=1/2 gallon . Similar calculations yield an opportunity cost of 2/3 gallons of root beer for one pizza for Kris.
Pat Correct has an absolute advantage in making pizza, and Pat Correct has a comparative advantage in making pizza
Answer: History matters in shaping the future of a country because it allows counties to understand changes and developments that had taken place to create the present society. In this highly globalized world we live in today, there is a need for developed countries to maintain the fast pace lifestyle while developing counties play catch up.