Answer:
When the required reserve ratio is high, banks must loan out a smaller portion of their reserves resulting in fewer loans.
Explanation:
Required reserve ratio is the amount of liabilities in which a bank must hold on to. The banks are meant to loan very little or none of this reserve ratio.
These reserves are normally kept in vaults and useful for emergency in the case of demand of withdrawal of a huge amount from the bank. This explains why the banks must loan out a smaller portion of their reserves which results in fewer loans.
The correct answer is D. George III
Answer:
Trail of tears
Explanation:
The Indian Removal Act of 1830, proposed by President Andrew Jackson, ordered the relocation of the Native Indians to the west of the Mississippi River. Cherokee Indian Tribes targeted by the act. The reason for the relocation was the establishing of white settlement in their ancestor land. During 1838 and 1839, American Indians forced to march towards the west, which became known as the Trail of Tears. According to historians, 4,000-5,000 Cherokees died in the trail.
After the Boston Tea Party, England became concerned that the American colonies, if allowed to rebel the way they had been, might just declare freedom for themselves. Also, the Boston Tea Party had embarrassed England. All of England's friends saw a country losing control of its subjects and England's enemies saw a struggling nation, vunerable to attack. Therefore, Parliament passed what they called the Coercive Acts. This act effectively put into place sanctions meant to punish Boston for their rebellion. One of these punishments was to close Boston Harbor. This outraged colonists everywhere, not only in Boston. Other colonies were so disgusted with England, that they secretly sent supplies and other forms of aid to Boston. The colonists disliked these acts so much that, with in the colonies, they became known as the Intolerable Acts.
