Answer:
World War 1 resulted in a somewhat extended period of time in which an economic boom occurred. After the war, the U.S. became a lender to other territories, including Latin America. Exports to Europe from the U.S. increased as countries prepared for war. The U.S. spending increased as it prepared to enter the war itself.
The correct answer is B.
Milton Friedman (1912 - 2006) was an economist who received the 1976 Nobel Prize in Economics for his studies in consumption analysis, monetary history and complex theories related to stabilization, including goverment intervention policies.
Presidents such as Hoover or Coolidge, who had governed in the decade before the Great Depression, supported laisez-faire economic measures, that consisted on free functioning of the markets with minimum goverment interventionism. Markets alone, would produce the most efficent outcomes, according to his viewpoint. Therefore, the policies introduced by these governments, involved minimum government regulation of the economic activity by the goverment.
<u>This is why Friedman, such as many others, claimed for alternative policies which involved goverment intervention for stabilization purpouses, using the mechanisms of the fiscal policy.</u> Subsequent goverments did apply such measures, being the best example the New Deal, based on Keynesian economics and implemented by President Roosevelt. The New Deal aimed to create job positions for the large unemployed sectors of the US population, by increasing public expenditure (one of the variables of the fiscal policy) in public works and hence, creating employment to undertake those works.
Y= -3x + 2
Use the slope formula
m=y2-y1/x2-x1
Now you need to find the y-interceot.
But no work is required as one of the given pointa is the y intercept
because they used them for jobs and relied on them to operate
<span>A referendum allows people to vote to accept or reject a law.*
A referendum allows people to remove an official from office.
A referendum allows people to change laws or propose new ones.
A referendum allows people to impeach an official for wrongdoing.</span>
