Have any options? Something you may find is a louder crowed in the democratic side of congress lol.
<em><u>Expansionary Monetary Policy is pursued by Federal Reserve.</u></em>
<u>Explanation:</u>
Expansionary Monetary is a macroeconomic policy which takes an action on economic growth of the country. Expansionary policy can be either monetary policy or fiscal policy or combination of both. Its increases the money supply, boosts aggregate demand and lowers the interest rates.
It deters the contractionary phase of the business cycle. It’s even included that policy’s purchases of government securities and reduction in the ration of reserves, the other point is discount rate decreases.
The first important labor union in the United States was called the Knights of Labor. The correct option among all the options given in the question is option "c". This labor union was formed during the late 1880's. Although this union did not survive for a long time due to lack of leadership, still it was a force to reckon with when it first started.
