Answer:
B. Freed slaves could fight in the Union Army against the Confederacy
Explanation:
Answer:
a.
Explanation:
The demand for labor is described as a derived demand because it is derived from the demand for products that use labor in the production process. Meaning that it is based on the concept that consumers want products which require manual human labor in order to produce. Therefore company's need to hire laborers in order to mass produce the product and sell it to meet the demand.
They are called self-values
Answer:
c. The maturity risk premium is zero.
Explanation:
Pure expectation theory states that the forward rate will represent expected future rate. Term structure is said to be a reflection of what the market expects future short term rates to be.
As future rates are expected to be the same as spot rates for that date, the theory is only applicable when there is no risk premium. That is the maturity risk premium is zero.
Answer: Prison Litigation Reform Act
Explanation: this act was made because politicians thought that the lawsuits were inundating the federal court system.
