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Nitella [24]
3 years ago
15

Why did colonists boycott important tea British tea

Social Studies
1 answer:
choli [55]3 years ago
7 0
They boycotted the tea because when taxes were raised the colonists were outraged and rebeled so they boycotted the tea because the king was acting like dictator and they didn't like what he was doing to them.
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Which of the following statements is true?
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Simply stated, money refers to any asset which can be used to purchase goods and services by customers.

This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.

An interest rate can be defined as an amount of money that is charged as a percentage of the total amount borrowed by a borrower from a creditor or financial institution.

On a related note, there exist an inverse relationship between the quantity of money demanded by a borrower and the interest rate charged by a creditor or lender. Thus, when the interest rate is high, the quantity of money demanded decreases (falls) while the quantity of money demanded increases (rises) when the interest rate is low.

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<em>For more information on money supply, visit: brainly.com/question/15344073</em>

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2 years ago
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prohojiy [21]

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Answer:

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