The people's party had believed that the people wanted more political parties
The politics in the Great Britain takes place within the framework of a constitutional monarchy the and monarch (Queen Elizabeth II) is head of state and the prime minister is the head of the UK government.
Great Britain is also a parliamentary democracy. This means that the members of the government are also members of one of the two Houses of Parliament (the House of Commons and the House of Lords) – although there are rare exceptions to this rule
Hope this helps you, if not let me know! :)
There was a rapid growth in bank credit and loans in the us in 1929
Answer:
The correct option is A: Banks decrease their prime rate.
Explanation:
When the government through the Federal Reserve ups the discount rate, other rates tend to follow in the same direction. The reverse is also true.
The discount rate is the rate at which the Federal Reserve lends to Commercial Banks. Commercial banks on the other hand, in order to keep the profit, are forced to adjust their prices in the direction of the discount rate.
The prime rate is the rate at which commercial banks lend to their customers who have very good credit ratings.
The discount rate in economics is one of the monetary policy tools available for use by the government. It is used to adjust factors such as money supply and inflation.
Cheers