Shays was presented with an ornamental sword by General Lafayette, in 1780 He then <span>later sold the sword for a few dollars to pay off his debts</span>
Overproduction of inventions and the underconsumption of those inventions caused the Great Depression because they cause Black Tuesday, the day the stock market crashed. Hope this helps.
42% of people graduate from college with an associates degree or higher.
The correct answer would be, Monetary Policy.
According to the Federal Reserve's 2016 edition of Purposes and Functions, Monetary Policy is the Federal Reserve's actions, as a central bank to achieve three goals specified by congress.
Explanation:
A monetary policy of a country is the policy formulated by the monetary authority of the country. A monetary policy simply controls the money supply. This money supply is controlled by either targeting the interest rates or by controlling the employment and prices of products in the economy.
The three goals specified by congress in the 2016 Monetary Policy edition of Federal Reserves are:
- Maximum Employment
- Stable Prices
- Moderate long term interest rates.
These goals basically formulate the Monetary Policy. Monetary Policies are made to strengthen the currency and to increase the trust of people on the currency and economy of the country.
Learn more about Monetary Policy at:
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