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The Fed wishes to expand the money supply. What three things can it do? Which has the most predictable effects? Be specific.
Natural Resources
Materials or substances that occur in nature and can be used for economic gain, such as minerals, forests, water, and fertile land.
High Tariffs
Taxes imposed on imported goods to protect domestic industries from foreign competition by making imported goods more expensive.
Second Industrial Revolution
A period of rapid industrial growth and technological advancement during the late 19th and early 20th centuries, often associated with new innovations in steel production, electricity, and transportation.
Mining
The extraction of valuable minerals or other geological materials from the earth.
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