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The land ordinance of 1785 made it so that the US could survey the land in the Louisiana territory and settlers could buy that land for farming.
I hope it helps!
Answer:
C. The self-correcting mechanism stops working because the falling inflation produced by a negative output gap produces higher rather than lower real interest rates when the policy rate hits the zero lower bound, and this increase depresses planned spending and further widens the output gap.
Explanation:
The zero lower bound is the problem in macroeconomics when the nominal interest rate for short term is near to zero or at zero. It is the limit to which the interest rate can be lowered to but not any further.
The self correcting mechanism in economic imbalances stops working when the policy rate hits the zero bound of lower limit because the fall in the money value results in the higher real rate of interest than lower real interest rates. As a result, output gap widens.
Hence the answer is ---
C. The self-correcting mechanism stops working because the falling inflation produced by a negative output gap produces higher rather than lower real interest rates when the policy rate hits the zero lower bound, and this increase depresses planned spending and further widens the output gap.
Sinful. I think he was sinful and now he is asking God(s) for another chance.
