In the 1920s, the danger of buying stock on credit was that if the stock dropped, borrowers have to make up the difference.
When the stock dropped, basically the borrowers losing an amount of value of his assets. But since he bought the stock before the price was dropped, he had to make up the difference
Answer:
B. Congress cannot pass legislation that would restrict the Fed's independence
Explanation:
The Fed is an executive branch that has administrative autonomy to implement and manage monetary policy. This is important for monetary policy to have the purpose of maintaining a healthy economic environment without being used for political purposes. The Fed is free from interference by the National Congress, so Congress cannot act to diminish its independence.
Shandong Peninsula, Qingdao.
Answer:
In 1963, and to this day, many people believe that Abraham Lincoln’s Gettysburg Address was the greatest speech of the nineteenth century, if not the greatest speech ever given. Notice how Dr. King begins what many believe is the greatest speech of the twentieth century as Lincoln did by setting the speech in time. Using Lincoln’s life and work as the foundation for his speech gives it immediate credibility. Note, too, the extraordinary and vivd use of visual imagery. In this paragraph alone you’ll find six such images: a symbolic shadow, a beacon light, seared in flames, withering injustice, joyous daybreak and long night of captivity.
Explanation:
because the Confederation Congress had no power to regulate interstate commerce...trade between two or more states, I believe
