How did speculators profit when the government paid its debt?

1 answer:

8 0

Speculators had bought bonds from the original buyers for less than they were worth. If the government paid its debt, speculators would make a profit. Speculators had bought bonds from the original buyers for less than they were worth. If the government paid its debt, speculators would make a profit.

You might be interested in

Question 5 of 5

olasank [31]

Answer:d

Explanation:

5 0

3 years ago

Read 2 more answers

Base your answer to question 34 on the excerpt below and on your knowledge of social studies. … We have already said that there

Solnce55 [7]

The author of this excerpt is presenting an argument for Japan to follow a policy of "(4) economic imperialism" since there are so few other options available.

6 0

3 years ago

Does no one know about Turkish religion boy and girl no links or get reported

enot [183]

Answer:

Explanation:

cause no

7 0

2 years ago

what does the episode with the king of the bulgars suggest about Voltaire’s opinion on criminal justice

Igoryamba

Answer:

<h3>Voltaire also seems to support empathy and forgiveness towards criminals. </h3>

Explanation:

Voltaire's episode with the King of the Bulgarians suggests that he was a sympathetic and compassionate person. In this episode Voltaire explains how Candide was punished so severely without mercy.

However when the King saw Candide, he forgave him instantly and asked his physicians to treat with the best medicines. It portrays the King's sympathy towards wrong doers or accused criminals.

Similarly, Voltaire also seems to support empathy and forgiveness towards criminals. He does not encourage harsh punishments or biased judgement in the courts.

6 0

3 years ago

Why was westward expansion such an important issue in the election of 1844?

timofeeve [1]

It is thought to have been the reason why Polk won the election over Clay. Polk was a slave owner and was in favor of annexing Texas which was a slave state already, thus growing the slavery movement. Clay was initially against annexing Texas when Van Buren was initially running against him. When Polk ended up winning the nomination for the Democratic party over Van Buren, Clay then changed his mind on the topic of the annexation to support it, as Polk had. This made him appear wishy-washy and led to be Polk becoming President.

7 0

2 years ago