There's no picture for me to know whats true
The Electoral College<span> is a process, not a place. The founding fathers established it in the Constitution as a compromise between </span>election<span> of the President by a vote in Congress and </span>election<span> of the President by a popular vote of qualified citizens.</span>
<span>I had a question like this various Economics classes, as part of producer theory, trade, and overall economic growth. So I hope this translates to History as well.
The answer is C) Specialization leads to interdependence.
Why? If a country (or region, or industry) specializes in producing one thing, they will need to trade in order to get the other things they need.
A and D both go against this logic and are wrong. Specialization means picking something you are good at (producing at a lower price than others), and using all your resources for it.
B is probably wrong because it just seems silly. Not everyone will get rich. That's also part of Economics - there are ups and downs in the economy, there will always be some unemployment, etc.</span>
They were first used as evidence in 1892.
The fourth question is correct (D).
To understand this answer, one must understand the mechanism of correction of inflationary processes.
Inflation erodes the purchasing power, thus, the elderly with fixed income will be harmed and not beneficiaries in an inflationary process.
<u>The main mechanism to reduce inflation is the interest rate.</u> In this way, when inflation happens, the Federal Reserve raises the interest rate. This makes public bonds profitable and economic agents begin to use money by buying bonds, reducing the circulation of money and consequently lowering inflation.
For banks that have made adjustable rate loans, this will be a good thing, as interest on the contracts will increase along with the increase in the interest rate, which will make the contracts yield more. Therefore, banks will be the biggest beneficiaries. However, this will happen only when the rate is adjustable.
