Did the articles of confederation give most power to the states or the national government
<span>Black Tuesday, Installments, Bull Markets. this is the correct answer I am sure of it .
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Answer:
c) the British supported both groups in their efforts to resist colonial domination
Explanation:
Hello. You did not enter the text to which this question refers, which makes it impossible for this question to be answered. However, I will try to help you in the best possible way.
It is only possible to find the answer to your question by reading the text to which it refers. However, we can consider that if Coates was unable to find consolation in religion and in the church, it is because these two elements did not have what Coates needed to find comfort in relation to the problems that are hurting him. So, to answer that question, you must read the text, understand Coates' problems, what he needs to solve them and why the church and religion are unable to provide what Coates needed.
The correct answer is indeed A) kept interest rates low.
Ok, let me try to resume.
When the central bank injects reserves, it encourages banks to lend out money at lower interest, attracting borrowers for this money and leading entrepreneurs to invest, once the higher interest rates would not be profitable. Interest rates coordinate savers and investors action. Investment requires resources to be frozen rather than consumed, meaning that less spending by the population reflects more resources available to fund these investments, resulting in a lower rate of interest.
When interest rates are pushed down by creating new money, the lower interest rate is not a representation of genuine savings by the public, it is artificially low. Increased business activity consumes resources while the population also keeps consuming more, causing a "tug-of-war" for resources between longer and shorter processes. When prices and interest eventually starts to rise, entrepreneurs find out their investment aren't actually profitable with these rates and are unable to complete the projects they started. This is the economic bubble, when the real economy can't withstand the perceived economy.
Now, finally going back into the answer.
During the late 1920s rates were kept artificially low by the Federal Reserve, sparking a boom, specially in the stock market, with prices rising up to 50 percent quickly. In 1929, once the government started tightening credit to cool down the overheated stock market it produced, the burst happened, leading the country into the Great Depression.
Sorry for the long explanation, hope you understand the concept ;)
