The fed may respond to a recession by

The correct answer is B) decreasing interest rates.

The other options of the question were A) discouraging consumer borrowing. C) decreasing government spending. D) decreasing available credit.

The Fed may respond to a recession by decreasing interest rates.

In the United States, the Federal Reserve plays the role of the Central Bank and oversees the American financial system and the monetary policy of the country. During a recession, the Fed may respond to a recession by decreasing interest rates to try to promote access to credit in order to reactivate the economy. With a low-interest rate, the Fed is inviting businesses to invest in new projects.

The Great Leap Forward was a plan that was created to increase China's economy and industry. It was started by the Communist leader Chairman Mao Zedong in 1958 and it ended in 1961.During this time, grain production fell from 200 million tons to 150 million tons. This resulted in widespread famine.The central idea behind the Great Leap was that rapid development of China's agricultural and industrial sectors should take place in parallel. The hope was to industrialize by making use of the massive supply of cheap labour and avoid having to import heavy machinery.The Great Leap Forward damaged China's economy. Machines broke down from overuse and farm production suffered because men who knew little about farming were assigned fields to farm. During the Cultural Revolution, the Red Guards arrested or tortured people who disagreed with Mao's communist ideas.It was Mao's grand deign to mobilize the whole population with hopes of industrializing China quickly. This included the creation of communes to organize the population. It was the Chinese way in which they organized the population. Each one included about 5,000 households or 25,000 people each.The Great Leap Forward was a failure because Mao's Red Guards attackerd anyone consdiered bourgeous. Skilled workers were forced to leave their jobs