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What are examples where congress has power over the president?
Power of the purse: congress can limit funding on things like war the president supportsAppointment confirmation: congress has to agree on the appointment of officials by the president.Congress can remove a president that is not doing his/her job.
What was the interest rates when carter was president?
During Jimmy Carter's presidency from 1977 to 1981, interest rates rose significantly, largely due to high inflation and economic challenges. By the end of his term, the federal funds rate had reached around 20%. This sharp increase in interest rates contributed to a recession and made borrowing more expensive for consumers and businesses.
Which action is an example of domestic policy?
Policy about income tax rates is an example of domestic policy. "Domestic" means at home, as opposed to foreign.
Which of the following situations most clearly describes the changes in U.S. politics that resulted from the civil rights movement?
a city sees racial minority voting rates increase significantly each year.
Who creates the caps on government borrowing?
In the USA it is Congress. They have to pass legislation to authorize the government to borrow more money (raise the debt ceiling). Indirectly the Federal Reserve and the market also put a cap on it since the ability to borrow depends on the interest rate that must be paid on any bonds issued by the government. Higher interest rates set by the Fed cause the interest rates that must be paid on government bonds to have to be higher to actually sell. The market also determines what interest rate will be required to sell all the bonds - the less demand there is for the bonds, the higher the interest rate has to be in order to make them attractive enough to sell and the better the yields on other potential investments, the higher the interest rates have to be in order to be sufficiently competitive. The higher the interest rates, the more difficult it is to get approval to borrow.
Did congress require railroads to charge reasonable and just rates?
how did congress limited reasonable charges
Does banning abortion lead to an increase in birth rates?
Research suggests that banning abortion can lead to an increase in birth rates.
What is the relationship between demand for money and interest rates?
as interest rates increase, demand for money increases.
What tends to result in an increase in the selling price of houses in an area?
An increase in mortgage interest tates.
Which of the following tends to result in a decrease in the selling price of houses in area?
an increase in mortgage interest rates
An increase in interest rates affects aggregate demand by?
An increase in interest rates decreases the aggregate demand shifting the curve to the left.
What is called elastic revenue response to marginal tax reductions?
Elastic revenue response to marginal tax reductions refers to the change in tax revenue that occurs when tax rates are lowered, which can stimulate economic activity and increase taxable income. This concept suggests that lower tax rates can lead to higher overall revenue as individuals and businesses may earn more and engage more in the economy, offsetting some of the revenue lost from the lower rates. The elasticity of this response varies depending on factors like the economic environment and the specific tax rate changes implemented.
What is One way to increase the rates of chemical reactions is to increase what?
Catalyst
What happens when the demand for labor is more elastic?
When the demand for labor is more elastic, employers are more responsive to changes in wages. A small increase in wage rates may lead to a significant decrease in the quantity of labor demanded, as firms can substitute labor with capital or reduce their workforce. Conversely, if wages decrease, firms may significantly increase their demand for labor. This heightened sensitivity can lead to greater fluctuations in employment levels in response to wage changes.
Which country has the lowest natural increase rate?
Countries with the lowest natural increase rates typically have low birth rates and/or high death rates. As of a 2021 United Nations report, countries like Bulgaria, Latvia, and Japan have some of the lowest natural increase rates in the world.
The principal reason congress raised tariff rates in the late 1800's and early 1900s was to?
1. Increase personal income taxes 2. Lower prices for American Consumers 3. Guarantee high wages to American Workers 4. Protect United States businesses from foreign competition. That was the principal reason why Congress raised tariff rates in the late 1800s and early 1900s.
If expected inflation increases interest rates are likely to increase?
Yes, inflation and increases in interest rates usually go hand-in-hand, though inflation is not the sole cause of an increase in interest rates
