Answer:
The Answer Is Letter D
Explanation:
It was used to make everything! The ancient Egyptians used papyrus to make paper, baskets, sandals, mats, rope, blankets, tables, chairs, mattresses, medicine, perfume, food, and clothes. Truly, papyrus was an important "gift of the Nile". They even tried to make boats out of papyrus, but that did not work very well.
Answer:
When the Federal Reserve increases its interest rate, banks then have no choice but to increase their rates as well. When banks increase their rates, fewer people want to borrow money because it costs more to do so while that money accrues at a higher interest. So spending drops, prices drop and inflation slows.
What are the answer choices?