answer :
the money supply will decrease, meaning that banks will give fewer loans and prices for good and services will fall.
hope this helps !!
For what what is the reasoning for this action
Answer: The emperor's role was to enforce doctrine, root out heresy, and uphold ecclesiastical unity. Both the title and connection between Emperor and Church continued in the Eastern Roman Empire throughout the medieval period (in exile during 1204–1261).
Explanation: Hope this helps
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Byzantine Empire
Explanation:
- The Eastern Roman Empire (or Byzantine Empire) was the only country on this side of the Chinese Wall that lasted from late antiquity to the end of the Middle Ages.
- It went through the ups and downs and was one of the most significant civilizations in human history. It exerted a great cultural influence on a whole range of medieval states and peoples.
- Unlike the Western Roman Empire, which was overthrown by barbarians in 476 AD, the Eastern Roman Empire continued to live for another thousand years.
- Thanks to the denser population, larger cities, and a stronger economy, it has more easily withstood the economic crisis of the 3rd century, one of the greatest crises known in world history.
- Byzantine Empire rested on three foundations, namely: Roman state system, Greek culture and Christianity. Without any of these three elements it cannot be imagined, and it is only through their permeation that a Byzantine civilization is created. Byzantium, which for centuries was the guardian and restorer of ancient heritage, has no historical successor.
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