1777: The colonial victory over British troops at the Battle of Saratoga persuades France to provide financial and military support that will prove vital to the success of the American Revolution.1862: The Homestead Act makes more than 600 million acres of land available to be settled, sparking the largest migration of Americans in the nation's history.1933: President Franklin Delano Roosevelt's New Deal launches a series of unprecedented laws and programs that will relieve the stress of the Great Depression and reshape American society.<span>2001: The 9/11 terrorist attacks spark a complex and controversial war against terrorism both domestically and internationally.</span>
Richard Cordray is the director of the consumer financial protection bureau.
Explanation:
He says that the American households lack checking or savings account which will make them rely on costly financial services will just add burden to their savings. He also addresses that as the people become old, they need their money to be protected and easily accessible.
He says that family households must turn their focus towards banking as it creates a connect to the future. He also adds that by understanding this problem from the young age, people would start feeling the significance of managing the financial systems.
Efficiency wages may cause a <u>surplus</u> of labor because they are <u>above</u> the equilibrium wage.
The efficiency wage is higher than the equilibrium wage, which might result in a labor supply.
Since the efficiency wage in question is higher than equilibrium wages, there will be a labor surplus since more individuals will be eager to work as a result of the wage rise. Due to the fact that supply is more than demand, this will result in a rise in supply and an excess of labor.
There is a labor surplus in the sense that a sizeable segment of the work force produces less than it consumes and its marginal product is below the wage agreed upon via negotiation.
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Answer:
I would pick B because you move away from the area if it's hot and there's no water.
I don't think I'm much help sorry if this is wrong
