Classify each action as expansionary or contractionary monetary policy. reducing the discount rate

increasing the federal funds rate

buying government securities

increasing the required reserve ratio

it's the under parts of the car

recent improvements in technology/telecommunication/internet have increased the pace of globalization.

explanation:

recent improvements in technology have enhanced the pace of globalization. it is not difficult to recognize that technology has created the human race one big issue. there are several aspects to technology but they all serve to meet us the further. i can beat and be friends with a fellow, thousands of miles away. technology has also bridged the knowledge gap and has presented for the ready transfer of ideas and values.

answer; (b) limited resource to satisfy virtually unlimited wants;