1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
horrorfan [7]
3 years ago
13

In a democracy, does it make sense to have decisions about monetary policy made by people who are not elected? Why or why not?

Social Studies
1 answer:
Dima020 [189]3 years ago
7 0

Answer:  Say the Federal Reserve decides to reduce interest rates to stimulate economic growth. They do this by purchasing government securities over the open market with newly created money. The bank will take this new money and lend it out (or purchase securities, it doesn't matter due to arbitrage). This has the effect of increasing the supply of loanable funds, pushing down the interest rate.  

Now just because the interest rate is lowered does not mean that the expansionary monetary policy will have its desired effect immediately. Lower interest rates encourage borrowing, and increased borrowing can increase employment, GDP, etc. There is a lag between the reduction in interest rates and its effects on the real economy. People will not respond to the lower interest rates by borrowing and hiring immediately; the effect can take 1-2 years.

Explanation:

You might be interested in
The time in which Shakespeare lived is known as the "Elizabethan era" because *
Alekssandra [29.7K]

William Shakespeare lived more than 400 years ago during a period of English history known as The Elizabethan Age, named after Queen Elizabeth l

5 0
3 years ago
The Georgia state constitution contains a Bill of Rights. Which of these is MOST LIKELY the next entry in this section of the Ge
valina [46]
That would be the freedom of speech and the freedom of the press.
Both of these are without a doubt a center of political to the political system existing in the United States. They state that both the freedom of speech and the press is to be expressed freely. These rights are the key to the political discourse as they allow an honest conversation and exchange of opinion that is of paramount importance in democracy. People are free to express their opinions and through the press they gain the necessary information to make educated decisions about the burning political questions.
6 0
3 years ago
Read 2 more answers
HELP ASAP!!
Sedbober [7]

Answer: Large expenditures by the French monarchy caused dissatisfaction among the people who began to view its leaders wasteful while they suffered due to poor economic state of the nation. This in turn led to national unrest and ultimately the Revolution.

Explanation:

5 0
2 years ago
PLEASE ILL GIVE BRAINLIEST
Angelina_Jolie [31]

Answer:

A. Competition benefits consumers because it leads to better and more innovative products.

B. Competition benefits consumers because it leads to cheaper products.

Explanation:

Given that the purpose of the United States government is to serve its citizens by making life easier for them.

Hence, the major reason the United States government want to incentivize competition between businesses is to get the following:

1. Competition benefits consumers because it leads to better and more innovative products.

2.. Competition benefits consumers because it leads to cheaper products.

8 0
3 years ago
WHAT LEVEL OF GOVERNMENT RUNS THE ELECTION PROCESS
Nonamiya [84]

Answer:

In most states of the U.S., the chief election officer is the secretary of state. In some states, local officials like a county registrar of voters or supervisor of elections manages the conduct of elections under the supervision of (or in coordination with) the chief election officer of the state.

Explanation:

7 0
3 years ago
Other questions:
  • Tony belongs to a peer culture called the nerds. we would expect that tony is involved with
    12·1 answer
  • What type of songs were popular at religious revival meetings?
    9·2 answers
  • Which is the MOST negative effect resulting from citizens relying on the Internet as their only source of news?
    11·2 answers
  • Part of the sociological imagination, _____________________________ refers to which human traits/characteristics a society encou
    13·1 answer
  • What is the biggest advantage of capitalism?
    15·1 answer
  • What were the step pyramids the Sumerians built called
    12·2 answers
  • Describe how Islam began and discuss the similarities and differences between Islam, Judaism, and Christianity.
    13·2 answers
  • Question 8 of 10
    8·1 answer
  • Helpp pls its due by 3:00 !!!!!
    10·1 answer
  • How Hermeneutics as philosophy of education can make your classroom practice? <br>​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!