You must do 3 things:
1. Agree to be married
2. Live together as husband and wife
3. Tell others that you are married
Here is the complete question:
Suppose the Fed decides to buy bonds and New Hampshire Colonial Bank decides to sell $10 million worth of bonds. What will New Hampshire Colonial Bank most likely be able to do?
Answer:
Make new loans totaling about $10 million.
Explanation:
Purchasing bonds is a form of monetary policy that the Feds used to control the money supply.
When the Feds bought bonds from the New Hemisphere colonial banks, the New Hampshire Colonial Banks will acknowledge it as 'loan' , since the full payment from the bonds will not be received until several months or years into the future.
In return, New Hampshire Colonial Banks will be profited from interest revenue from the bonds, along with additional money supply that they can use to provide investments for citizens who want to borrow money to open their businesses. Stimulating the economy at the same time.
The north's economy was mainly textiles in the 1800's and a lot of factor work with all the new inventions being made during this time being and industrial revolution.<span />
