In the 1920s, the danger of buying stock on credit was that if the stock dropped, borrowers have to make up the difference.
When the stock dropped, basically the borrowers losing an amount of value of his assets. But since he bought the stock before the price was dropped, he had to make up the difference
I believe the answer is: Vertical
Philip curves would be vertical when the market is having a natural rate of employment and this rate of employment wouldn't be affected by the inflation. Neoclassical view would believe that even under inflation, the average supply and demand would still move toward equilibrium, so the employment rate shouldn't be affected as much.<span />
C is the correct answer.
Since the 1930s, the American Presidency has become its central institution. This was not always the case. Prior to FDR, the American Presidency had its strengths but was a co-equal branch with the Legislative and the Judiciary Branch.
FDR reshaped the Presidency during the Great Depression and World War II to make it the "first branch" of American government, or certainly the one that Americans perceive as the most important/powerful.
Answer: Although the U.S. Constitution grants _*VETO* _ to the office of the presidency, a president who fails to uphold the public trust may be removed from office.
If the president does fail to achieve the trust of the people or the government then he can be impeached by the parliament after completing the procedure of voting between the 2 houses
• The Congress
• The Senate
A law that passed in 1862 said that every citizen and foreigner who asked for citizenship, the right to claim government land. This was knows as the Homestead act . :) let me know if you need more help
