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Answer:
❤️Higher interest rates increase the cost of borrowing, reduce disposable income and therefore limit the growth in consumer spending. Higher interest rates tend to reduce inflationary pressures and cause an appreciation in the exchange rate.❤️
Explanation:
-With higher interest rates, interest payments on credit cards and loans are more expensive.
-Increase in mortgage interest payments.
-Increased incentive to save rather than spend. Higher interest rates make it more attractive to save in a deposit account because of the interest gained.
-Rising interest rates affect both consumers and firms. Therefore the economy is likely to experience falls in consumption and investment.
-Reduced confidence. Interest rates affect consumer and business confidence. A rise in interest rates discourages investment; it makes firms and consumers less willing to take out risky investments and purchases.
Answer:
Slaves were a relatively inexpensive and plentiful labor force.
Explanation:
Slave owners had gotten away with being able to own slaves and not pay them, no matter how much work they had done. If they had gotten paid it was a very small amount, some were just paid a few cents a day.
The thing that happened to the colony in the trustee period is that the charter that establish the colony as well as creating its governing board is been signed.
<h3>What was the trustee period?</h3>
The trustee period can be described as the period that is been regarded as one that serves as the first twenty years of Georgia history.
It should be noted that during this twenty years of Georgia history the board of trustee are the one that is governing and taking control over the region and this is been referred to as Trustee Georgia and it should be noted that in this time Board of Trustees have the final say as far as the the colony is concerned.
In conclusion, during this time of the trustee, the England's King George who was in charge of the affairs as at this time was able to signe a charter which is been used in the establishment of the colony as well as the board of governance that will take control .
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Answer:
A(islam)
Explanation:
Islam is the oldest religion in the world founded by Adam
