Answer:high unemployment and high deflation.
Explanation: The Great depression was a result of stock crash in 1929 which created a terrible and devastating economical situation in the U.S. economy. Almost 50% banks were failing. There was a high and devastating rate of unemployment which increased up to 25% in the U.S and in other states it went to a 35%rise. Many people were homeless and housing prices plummeted or plunged such that they were 30%lpwer than their original economical prices. International trade went down by 65% and prices fell by 10% per each year ;hence we can see that the state was facing acute deflation and highest level of unemployment.
Answer:
February 20, 2039
Explanation:
the bonds pay a semiannual coupon, but the last coupon is paid along with the face value (or maturity) value of the bond. For example, if the bond pays a 6% coupon rate, on February 20, 2039 the investor will receive ($1,000 x 6% x 1/2) + $1,000 = $1,030. The exact date might change if the maturity date is a Saturday or Sunday, but it should be paid on the next business day.
The given statement is false.
A subfield of economics called macroeconomics focuses on aggregate units. It concentrates on factors such as total supply, demand, investment, national income, etc. Macroeconomics examines the overall level of prices.
The units of the individuals are the focus of microeconomics. It focuses on the behavior of various economic agents such as individual customers, companies, or specific markets. Microeconomics examines the level of individual prices.
In order to study the behavior of entire economies, macroeconomics looks at aggregate indicators like the general level of prices, the unemployment rate, and the production of the whole economy. Microeconomics is the study of market behavior.
Hence, the above statement is false.
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The law for making improvements in the streets where the local government hires a contractor and each of the owners pays the cost of improvement in proportionate share is called the Street Improvement Act.
<h3>What is meant by streets?</h3>
Streets are the local surroundings of the state in which the people are living and are managed by the municipal government.
- The Street Improvement Act was passed in the year 1911 which concerns making improvements in the streets by the local government.
- A contractor is being hired by the government for this in which the cost of the improvement is paid by the owners.
- The cost can be paid by the owners either within the time span of thirty days or if not paid by them, then the bonds have been sold by the government to reimburse the contractor.
Therefore, the provided law relates to the act passed in the year 1911 being called The Street Improvement Act.
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