The prelude to the flood began in August 1926, when rainstorms began to swell streams in eastern Kansas, northwestern Iowa, and part of Illinois, all of which fed into the Mississippi River. In December, heavy rains in Oklahoma, Arkansas, and northern Louisiana filled the Arkansas and Red rivers. During that fall, record rainfalls continued throughout the Mississippi River valley. By the end of January, major tributaries such as the Ohio River were overflowing their banks. In earlier times, this would not have been the problem it was in 1927; the Mississippi River and its tributaries once overflowed into natural drainage areas. But in the late 1800s, the Mississippi River Commission adopted a "levees-only" policy, which entailed the construction of levees that ran almost the full length of the river. While these levees prevented flooding for a period, they proved unable to withstand the floodwaters of 1927." –"Great Flood of 1927,"

Jim Bradshaw

1. the responsibilities of the u.s. federal reserve system include overseeing the banking system and regulating the quantity of money in the economy setting the level of real interest rates working with congress to devise a financial plan for the country and execute the president's orders calculating and reporting the unemployment rate 2. to increase the supply of money when the economy is weak, the fed closes banks reduces inflation sells bonds buys bonds 3. the federal funds rate is the short-term interest rate that banks charge their best customers when borrowing banks earn on savings accounts with the fed banks charge each other when borrowing or lending to each other the fed charges banks when borrowing 4. when the fed increases the money supply and consequently lowers interest rates, the value of the dollar will rise by more in the market for foreign exchange, all else equal will fall, all else equal is not impacted by fed policy will rise, all else equal

50pts for which group is the poverty rate the highest? poverty: select the best answer from the choices provided. a. asians b. whites c. female headed households d. african-americans

How has congress added to the president’s role as chief economic planner over the years?