Answer:
An increase in the supply of money works both through lowering interest rates, which spurs investment, and through putting more money in the hands of consumers, making them feel wealthier, and thus stimulating spending. Business firms respond to increased sales by ordering more raw materials and increasing production.
Explanation:
Money supply and interest rates have an inverse relationship. A larger money supply lowers market interest rates, making it less expensive for consumers to borrow. Conversely, smaller money supplies tend to raise market interest rates, making it pricier for consumers to take out a loan.
Answer:
False
Explanation:
In Chapter 10, Smith talks about a Puerto Rican named Pete who owned and operated a bodega across the street from the firehouse. Smith characterizes Pete as a typical Puerto Rican: lazy, with no ambition to succeed in the United States.
The statements that accurately describe the Persian Wars are:
A. The Athenians relied on their navy to defeat Xerxes
C. Athens emerged from the wars damaged but ready to rebuild
D. The Greek city-states surprised the Persians with their united effort to defend Greece
E. The Persian armies defeated the Greeks at Salamis
The Persian Empire was the strongest empire that defeated most of the areas of Greece and Athens. The empire was colonizing these countries to further ensure a stronger power or colonization of other powerful countries.
Answer:
The Union strongly believed that black people were meant to have free will and fought to abolish slavery. The Union far outclassed the Confederates in manpower, resources (with the exclusion of cotton) and weapons. The Union was in control of more land and had a bigger army than the Confederates.
Explanation:
