In international trade, an exchange rate is a number that is used to show the value of one currency compared to another.
Here is the complete question:
Suppose the Fed decides to buy bonds and New Hampshire Colonial Bank decides to sell $10 million worth of bonds. What will New Hampshire Colonial Bank most likely be able to do?
Answer:
Make new loans totaling about $10 million.
Explanation:
Purchasing bonds is a form of monetary policy that the Feds used to control the money supply.
When the Feds bought bonds from the New Hemisphere colonial banks, the New Hampshire Colonial Banks will acknowledge it as 'loan' , since the full payment from the bonds will not be received until several months or years into the future.
In return, New Hampshire Colonial Banks will be profited from interest revenue from the bonds, along with additional money supply that they can use to provide investments for citizens who want to borrow money to open their businesses. Stimulating the economy at the same time.
The year gap of the population of 4 billion people was from 1974 - 1986. Exactly 12 years of 4 billion people.
Answer:The main items traded were gold and salt. The gold mines of West Africa provided great wealth to West African Empires such as Ghana and Mali.
Explanation: