It indicates that Judd is an alcoholic (addicted to alcohol) and even he stops drinking he starts to experience withdrawals.
Answer:
B) regulate the money supply
Explanation:
Interest rates determine if investors will continue having their money in bank accounts OR if they will spend it for consumption, which means more production (more money supply).
If government establishes that banks need more reserves, this means that banks will have more money to lend, lent money also means more investment in production and more employment (more money supply).
Buying US government securities means that the government releases more money to the market (more money supply); on the contrary, selling US government securities means that government recovers money from the market (less money supply).
The Federal Reserve Act required all <u>national</u> banks to become members of the Federal Reserve System, while <u>state</u> banks could choose to become members of the system.
<h3><u>Explanation:</u></h3>
In 1913 an act was introduced under the command of Federal government. The act required all national and state banks to become members or to get merge into the Federal Reserve System. This act was known as the Federal Reserve Act. According to this act all the active national and state banks have choices to become members.
President Woodrow Wilson signed the Federal Reserve act on December 23, 1913. The
United States Congress passed the law in the supremacy of President Woodrow Wilson. The Federal Reserve System was created and developed because of the Federal Reserve act which also affected the central banking system of the United States US.
The Act was introduced to provide the establishment and foundation to the Federal Reserve banks. It also furnished the elastic currency of the federal corporation, which refers to discounting the use of commercial paper. It established an effective supervision for banking business world in the United States.
Is there some sort of chart or something to this so you can add an image