The correct answer is B.
Rising inflation, a crash in the “housing bubbles”, and a recession from 2007-2010 was the unintended outcome of the monetary policy of the Federal Reserve. Fueling the housing boom of the early to mid-2000s helped to lower interest rates.
Federal Reserve raised interest rates to curb inflation when prices of houses began to skyrocket. The market in hosing crashed which caused the economy to plunge into a recession.
Answer:
The main reason the colonists were angry was because Britain had rejected the idea of 'no taxation without representation'. Almost no colonist wanted to be independent of Britain at that time. Yet all of them valued their rights as British citizens and the idea of local self-rule. They considered the Stamp Act to be the worst in a series of violations of these rights.
Explanation:
