Answer:
The correct option is A: Banks decrease their prime rate.
Explanation:
When the government through the Federal Reserve ups the discount rate, other rates tend to follow in the same direction. The reverse is also true.
The discount rate is the rate at which the Federal Reserve lends to Commercial Banks. Commercial banks on the other hand, in order to keep the profit, are forced to adjust their prices in the direction of the discount rate.
The prime rate is the rate at which commercial banks lend to their customers who have very good credit ratings.
The discount rate in economics is one of the monetary policy tools available for use by the government. It is used to adjust factors such as money supply and inflation.
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Reformation: The Protestant Reformation caused people to leave the Catholic Church reducing its power.
In 1517, Martin Luther began a revolution within the Catholic Church creating a new religion and spurring others to break away as well. The branches of the Protestant Church rose out of the movement reducing the membership of the Catholic Church. This reduced the money and therefore the power of the Church. <span />
The founding fathers were influenced by Baron de Montesquieu ideas on the tripartite system, when they elaborated the drafts of the U.S. Vonstitution, basically, regarding the separation of powers.
Baron de Montesquieu(1689-1795) established a division of political presence. He considered a clear division of government bodies: a Legislature, an Executive, and a Judiciary.
The influence of this model is from the Roman Republic Constitution and the British Constitution. With this separation of powers, none of them by themselves could become an absolute power.
That is the case with the U.S. Constitution. James Madison, attracted by Montesquieu principles, prevent the corruption of power establishing the same principle but in the U.S. case, with a legislature(Congress), with a presidency(President), and the judiciary(the Supreme Court).
Answer:
She was one of the most vigorous social reformers, also a Boston school teacher. She also founded a new mental hospital.
Explanation:
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