After the 2001 recession, the Federal Reserve Board attempted to stimulate the economy by
A) Raising taxes to encourage more Americans to save money.
B) Lowering the value of the U.S. dollar compared to foreign currencies.
C) Cutting interest rates to encourage more investments.
D) Encouraging lower tariffs to stimulate more trade.
E) Lobbying Congress to increase spending while reducing taxes.
C
You might also like to view...
What two technologies helped make Cook’s tours a success?
a) railroads and steamships b) suntan oil and bathing machines Consider This: What daylong temperance event launched Cook in his travel business? See 7.8: Narrative: Tours by Cook. c) calico traveling clothes and inexpensive guidebooks Consider This: What daylong temperance event launched Cook in his travel business? See 7.8: Narrative: Tours by Cook. d) factory-made luggage and traveling boots Consider This: What daylong temperance event launched Cook in his travel business? See 7.8: Narrative: Tours by Cook.
By the statement "We are all republicans; we are all federalists," Jefferson meant that __________.
a. Americans were committed to a federal union based on republican ideals b. party differences were no longer important c. his party would strive toward giving the states more power d. he would appoint both Republicans and Federalists to his cabinet
Of the following groups, support for the Whigs was weakest among
A. substantial New England manufacturers. B. evangelical Protestants. C. wealthy southern planters. D. aristocratic Americans. E. small western farmers.
The Battle of New Orleans made ___________ a national folk hero.
a. Anthony Wayne b. William Harrison c. Andrew Jackson d. Francis Scott Key