Some parts of the New Deal were declared unconstitutional.
<span><em>A.L.A. Schechter Poultry Corp. vs. United States</em>: The Supreme Court unanimously ruled against US regulations of the poultry industry. The decision meant that </span>the National Industrial Recovery Act of 1933, a New Deal program, was unconstitutional in the eyes of the court and could not continue.
<em>United States vs. Butler:</em> The Supreme Court ruled that taxes instituted under the Agricultural Adjustment Act of 1933 were unconstitutional, negating another New Deal program.
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.
Answer:
Latin America consists of Mexico, the Caribbean and most of Central and South America.
Explanation:
"The Germans however, are very different. They are impossible to hate."
Answer:
C. She thought they should use five-pointed stars, instead of six
Explanation:
Betsy allegedly finalized the design, arguing for stars with five points because the cloth could be folded and cut out with a single snip.
