The answer is President Herbert Hoover. His approach to
depression were:
1.
He tried to restore confidence in the economy by
asking business not to cut payrolls and labor not to ask for higher wages. Most
of them initially agreed until 1931.
2.
He also cut taxes and pressed the Federal
Reserve Board to cut interest rates to make borrowing easier.
3.
He procured $2 billion for public works
projects.
4.
He established the Reconstruction Finance
Corporation and the Home Loan Bank Act to assist businesses and head off some
foreclosures but he was a fiscal conservative who said we couldn't
"squander our way to prosperity," and so he disparate further
spending plans.
Answer:
Edward's promise is not enforceable. Tony had already performed the act. He did not perform based on Edward's promise. He performed because of their fraternal brotherhood.
Explanation:
This situation looks like a unilateral contract whereby Edward makes a promise to Tony to pay him $100. However, we observe that Tony did not perform his actions in consideration of this reward. He performed because they were fraternity brothers. Therefore, Tony cannot enforce Edward's promise in any court. It is only left for Edward to fulfill his promise as a gentleman, not because he is legally obliged to.
Answer:
initial public offering
Explanation:
Initial public offering is also known as IPO it alludes to the first run through an organization freely sells portions of its stock on the open market.
It alludes to the way toward offering portions of a private enterprise to general society in another stock issuance. Open offer issuance permits an organization to raise capital from open financial specialists.
They will likewise pick a trade wherein the offers will be given and consequently exchanged freely.
Answer:
Amount that can be withdrawn each month:
$6,342.06
Nominal dollar amount of last withdrawal:
$54,835.61
Explanation:
These look to be the correct answers, let me know if you would like for me to show my work!
Answer:
b) Offer similar loans to the poor.
Explanation:
Muhammad Yunus is a Bangladeshi economist, and civil society leader who was awarded the Nobel Peace Prize for the concepts of microcredit and microfinance, which provided loans to entrepreneurs too poor to qualify for traditional bank loans. According to my research on Yunus's teachings, I can say that based on the information provided within the question his success created an incentive for other banks to offer similar loans to the poor.
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