Government Vs Civic Obligations

Civic obligations are an essential part of life in the United States. They are the required actions that all citizens must perform in order to live in the country. Civic responsibilities, meanwhile, are important actions citizens take to influence the government, but these actions are not legally required. Civic obligations are more important because they ensure that society can function normally. The government needs citizens to fulfill their civic obligations in order for it to function at all. So while civic responsibilities like voting and working to improve the community are certainly important, they are not as essential as civic obligations. Some of the most important civic obligations are paying taxes and obeying the law. Taxes pay for essential services and government programs, and obedience to the law helps protect the safety and security of everyone in the country. Without tax money, the government could not pay for essential services,
And if citizens did not obey the law, the security and safety of all people might be at risk. One critical civic responsibility is voting, because voters decide who represents them in government. However, the government can keep functioning even if some citizens don't vote. 2. The Federal Reserve can use three tools to achieve its monetary policy goals: the discount rate, reserve requirements, and open market operations. All three affect the amount of funds in the banking system. Interest on Reserves is the newest and most frequently used tool given to the Fed by Congress after the Financial Crisis of 2007-2009. Interest on reserves is paid on excess reserves held at Reserve Banks. The discount rate is the interest rate Reserve Banks charge commercial banks for short-term loans. Reserve requirements are the portions of deposits that banks must hold in cash, either in their vaults or on deposit at a Reserve Bank. Changes in the money supply affect the U.S. economy because as