Central banks are in charge of implementing monetary policy and controlling the money supply. They are typically tasked with maintaining low inflation and steady GDP growth. To manage the cost of borrowing and lending across an economy, central banks have an impact on interest rates and take part in open market activities.
Globally, central banks are charged with a number of significant duties. The first and possibly most obvious responsibility is the creation of money. Central banks print money, which is then used by individuals, households, and businesses to conduct transactions and, essentially, track where money is being spent.
Additionally, central banks are responsible for ensuring the stability of the financial systems in their respective economies. To do this, they must closely monitor lending standards throughout the economy and guarantee that credit is available when needed. In that situation, they also serve as the government and commercial banks' last-resort lenders.
One of the main functions of central banks is to watch and monitor economic data, and economists use this role to find out what the leading expert on the subject will have to say. And that brings us to the final duty of central banks everywhere, which is to formulate monetary policy. Setting interest rates is the most important tool in the arsenal of monetary policy's many separate instruments. As a result, central banks from all over the world are working in various macroeconomic conditions and will respond in a certain way to ensure that their own economies are doing as they would like.
Learn more about 'central banks' here:
brainly.com/question/29457509
#SPJ4
The correct answer is letter C
Explanation: The best leaders choose the most effective and appropriate behavior based on the situation.
Leaders are highly task-oriented and are rated low in people-orientation.
Lack of education, bad choices, like doing drugs and under-employment/unemployment are the three main factors of poverty in the U.S. I think because of low-wage jobs and lack of education/not being able to pay for university people make bad choices or believe the choices they made were the only way for them to survive, make a living, get through their situation, or escape from it.
The progressive reform that President Woodrow Wilson was unable to establish was reducing import tariffs.
<h3>What is a progressive reform?</h3>
These are the reforms that the federal government of a place would have to put in place so as to do away with certain practices that are seen to be unfair and unethical which may have negative impacts.
The issue of the import tariffs was not implemented by Wilson. Instead the president that was in charge of this reform was president Roosevelt which was signed in the year 1934 as the Reciprocal Trade Agreements Act.
Read more on progressive reforms here:
brainly.com/question/25535676
#SPJ1
Answer:
Explanation:
Issue: Can an institution of higher learning use race as a factor when making admissions decisions?
Result: The Court held that universities may use race as part of an admissions process so long as "fixed quotas" are not used. The Court determined that the specific system in place at the University of California Medical School was "unnecessary" to achieve the goal of creating a diverse student body and was merely a "fixed quota" and therefore, was unconstitutional.
Importance: The decision started a line of cases in which the Court upheld affirmative action programs. In 2003, such academic affirmative action programs were again directly challenged in Gratz v. Bollinger and Grutter v. Bollinger. In these cases, the Court clarified that admission programs that include race as a factor can pass constitutional muster so long as the policy is narrowly tailored and does not create an automatic preference based on race. The Court asserted that a system that created an automatic race-based preference would in fact violate the Equal Protection Clause.
