Answer:
This borrowing may have a negative impact by crowding out private investment.
Explanation:
When the government goest into deficit spending to stimulate the economy in times when the economy is slowing down, what happens is that the government now demands more loanable funds: it demands a higher proportion of the savings in the economy in the form of government bonds.
This higher government demand for loanable funds crowds out private investment for two reasons:
- It raises the interest rate, making private investment more expensive.
- It reduces the amount of loanable funds available for the private sector (because it takes over a larger share of them).
There are the articles, the amendments and the preamble.
Answer:
orixas are a link between the spiritual world and the world of humans. Voduns and inkices are spirit gods, essentially the same as orixas. Candomblé is a synthesis of three African religions, Yoruba, Fon and Bantu, and voduns and inkices are the names preferred by the other two sects.
Answer:
In an effort to preserve the balance of power in Congress between slave and free states, the Missouri Compromise was passed in 1820 admitting Missouri as a slave state and Maine as a free state.
Peter emerged as a leader among the deacons.
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