Maria's conclusion to her essay on the Federal Reserve System reads, "While the Fed is still controversial in some fringe groups, most Americans know that the Fed set the interest rate to 1.75% in October 2019." What is the best rewrite of her conclusion?(1 point) Responses No change is necessary. No change is necessary. Interest rates affect mortgages and retirement savings, so most Americans know that the Fed set the interest rate to 1.75% in October 2019. Interest rates affect mortgages and retirement savings, so most Americans know that the Fed set the interest rate to 1.75% in October 2019. President Woodrow Wilson established the Federal Reserve bank in 1913, yet it was not enough to prevent the Great Depression. President Woodrow Wilson established the Federal Reserve bank in 1913, yet it was not enough to prevent the Great Depression. While the Fed is still controversial in some fringe groups, most Americans appreciate the stability it brings to our financial system.

Question

Maria's conclusion to her essay on the Federal Reserve System reads, "While the Fed is still controversial in some fringe groups, most Americans know that the Fed set the interest rate to 1.75% in October 2019." What is the best rewrite of her conclusion?(1 point) Responses No change is necessary. No change is necessary. Interest rates affect mortgages and retirement savings, so most Americans know that the Fed set the interest rate to 1.75% in October 2019. Interest rates affect mortgages and retirement savings, so most Americans know that the Fed set the interest rate to 1.75% in October 2019. President Woodrow Wilson established the Federal Reserve bank in 1913, yet it was not enough to prevent the Great Depression. President Woodrow Wilson established the Federal Reserve bank in 1913, yet it was not enough to prevent the Great Depression. While the Fed is still controversial in some fringe groups, most Americans appreciate the stability it brings to our financial system.

Answer 1

No change is necessary.

Answer 2

While the Fed is still controversial in some fringe groups, most Americans appreciate the stability it brings to our financial system.

Answer 3

The best rewrite of Maria's conclusion would be: "While the Fed is still controversial in some fringe groups, most Americans appreciate the stability it brings to our financial system."

To determine the best rewrite, we need to look for an option that maintains the overall meaning of Maria's conclusion while improving the clarity or effectiveness of her statement.

Option 2 discusses the impact of interest rates on mortgages and retirement savings, which is not directly related to the main point of Maria's conclusion. Option 3 introduces a new idea about President Woodrow Wilson and the Great Depression, which is also not relevant to the main point.

Option 4, on the other hand, maintains the focus on the stability provided by the Federal Reserve System, while also addressing the controversial aspect mentioned by Maria. This rewrite better conveys Maria's intended message and is therefore the best choice.