Answer:
C. By lowering prices.....
Calvin Coolidge (1872-1933), the 30th U.S. president, led the nation through most of the Roaring Twenties, a decade of dynamic social and cultural change, materialism and excess. He took office on August 3, 1923, following the sudden death of President Warren G. Harding (1865-1923),
Nicknamed “Silent Cal” for his quiet, steadfast and frugal nature, Coolidge, a former Republican governor of Massachusetts, cleaned up the rampant corruption of the Harding administration and provided a model of stability and respectability for the American people in an era of fast-paced modernization. He was a pro-business conservative who favored tax cuts and limited government spending. Yet some of his laissez-faire policies also contributed to the economic problems that erupted into the Great Depression
Coolidge’s policies in office continued to be guided by his strong belief in private enterprise and small government. He cut taxes, limited government spending and stacked regulatory commissions with people sympathetic to business. Coolidge once said, “The chief business of the American people is business.” He also rejected U.S. membership in the League of Nations and set high tariffs on imported goods to protect American industry.
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Answer:1)illiteracy 2)Erosion 3)Poverty e.t.c
Explanation:
Answer:
The equilibrium quantity of loanable funds to rise and the equilibrium interest rate to fall.
Explanation:
In order to understand this question,let us define one or two terms in the question. I will start with net tax. So, what is net tax?.
Net taxes shows how or is a measurement of how taxes flows in and how taxes flows out . Assuming in a specific country, let us say country A collected taxes which amounts to $5 billion in the year 2018 and in that same year the country spent $4 billion on expenditures and things like that, then the net taxes = $5 billion - $4 billion = $1 billion.
So, let us go back to the question. We are told that the expenditures on goods and services and net taxes both decrease and expenditures fall by more than net taxes the effect of this on budget deficit is that the equilibrium interest rate falls.
Answer:
d. abstraction.
Explanation:
Abstraction: In psychology, the term abstraction is defined as one of the thinking processes that tend to reduce a piece of particular information's content related to a specific concept to retain only those information which is considered as relevant for a particular purpose or requirement.
Example: An individual's feelings of happiness and sadness.
In the question above, the given statement signifies the abstraction.
