The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II. It was enacted in 1948 and provided more than $15 billion to help finance rebuilding efforts on the continent. The brainchild of U.S. Secretary of State George C.
Answer:Sumerian farmers' invention of the plow helped them provide their city-states with a stable food supply. Before farmers invented the plow, they used animal horns or pointed sticks to poke holes in the earth.
Explanation:
Answer:
An decrease in interest rates generated by the FED buying bonds will, ceteris paribus, _increase __________ bond prices..
Explanation:
There is inverse relation between bond price and interest rate .
Bond price , sums up the present cash value of cash flow of bond. The cash flow is discounted by the prevailing interest rate . If it goes down , the NPV of cash flow increases . Hence the bond price increases.
Second theory is that , when prevailing interest rate decreases , demand of bond on which interest rate is fixed goes up . Hence its price increases.
Umm the judicial branch off also known as cops
