Answer:
The correct answer is option D.
Explanation:
An ethical dilemma can be defined as a situation in the decision-making process in which whatever decision is chosen some ethical principle is being compromised.
Out of two moral choices, neither one is unambiguously preferable or acceptable. The situation becomes complex as choosing one alternative will lead to transgression of another.
Answer:
A. A system composed of twelve privately owned regional banks that were regulated by the Federal Reserve Board
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
Hence, the type of banking system that the Federal Reserve Act of 1913 establish is a system composed of twelve privately owned regional banks that were regulated by the Federal Reserve Board.
Like all central banks, the Federal Reserve is a government agency that is saddled with the following responsibilities;
I. The Fed controls the issuance of currency in United States of America: it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.
II. It provides banking services to all the commercial banks in the country because the Federal Reserve is the "lender of last resort."
III. It regulates banking activities in the United States of America: it has the power to supervise and regulate banks.
Also, the Fed is saddled with the responsibility of selling government securities such as treasury bills to the public.
The relation between economic growth and energy use can be best described by the increased energy use leads to increased economic growth.
So, Option A is the right answer.
How do energy use and economic growth relate to each other?
There is a direct relationship between usage of energy and economic growth, that means, if energy usage rises, then economic growth also rises. On the contrary, if energy usage falls, then economic growth also falls.
The developed nations are having abundant resources which leads to more satisfaction among the public due to which they use more energy and finally impacted an increase in the overall economic growth of a country. The less-developed nations face a lot of struggle in satisfying the people due to having insufficient resources which result in the usage of lesser energy and ultimately created a decreasing impact on the economic growth.
Therefore, energy use and economic growth are interlinked with each other.
To learn more about the relation between energy use and economic growth in the mentioned link:
brainly.com/question/20629290
