Answer:
Foreign investors secretly financed global projects in return for a share of the company's profits.
Explanation:
I took the test
Answer:
Among the waterways linking the lakes are the St. Marys River, which flows from Lake Superior to Lake Huron; the Niagara River, connecting Lake Erie to Lake Ontario; and the narrow Straits of Mackinac , joining Lake Michigan and Lake Huron (hydrologically, the two lakes are considered a single body of water).
Explanation:
The correct answer is B.
If aiming to reduce inflation, the Federal reserve needs to decrease the money supply, which means reducing the amount of money in circulation in the economy. This is denominated a contractionary monetary policy.
If the money supplied decreases, the cost of borrowing (the cost of money) increases due to its increased relative scarcity. This, in turn, discourages borrowing, and produces a lower income, and a drop in demand, production, and employment. Therefore, it causes the economy to shrink as mentioned in the question.
<u>As spending drops, so do prices and therefore inflation. </u>
Such a strategy is only implemented when there are inflationary preassures, as it also brings important side effects in terms of output.
Based on the choices of the, and if we arrange that, here is the sequence.
1. The bill is introduced in Congress.
2. The bill passes in both houses.
3. The bill is send to the president.
4. The president signs or vetoes the bill.
It is assumed that, following the sequence, then the second step in the bill process is "The bill passes in both houses."
