The advanced weaponary helped europe conquer new lands and territory because they had weapons to kill more people and show who was in charge
Answer:
The right answers are A and B.
Explanation:
Though the gold standard was a measure believed to be safe , it severely restricted the circulation of paper money.
Some pieces of legislation were passed in the first three months in office of president F.D. Roosevelt. One example is the Emergency Banking Act, passed in the early days of March 1933.
Answer: Francisco Sagasti
Explanation:
The intersection between the supply curve (an upward sloping function) and the demand curve (a downwardsloping function) determines the equilibrium point of a market. The equilibrium is the point which represents the exact market price and quantity demanded/supplied at which the wishes of consumers and suppliers meet.
<u>When the market is not in the equilibrium point</u>, two different situations could be happening:
- Excess demand: this is a situation in which the market price is located below the equilibrium price. The quantity demanded at that market price would exceed the amount that the producers are willing to produce and supply at that same price. Therefore, not all consumers are able to obtain the product they desire and there is rationing.
- Excess supply: at a certain price located above the equilibrium, the quantity that suppliers are willing to produce exceeds the amount demanded by consumers at that more expensive price. Therefore, suppliers would not be able to sell their whole production in the market.
