Marshall's plan influenced not only the economic development of Western European countries, but also played a significant role in the fight against the Communists. The 17 Western European countries that wanted to receive assistance according to it were to be expelled from the Government of the Communists. The communist parties in Western Europe significantly weakened their positions and influence.
Some Eastern European countries have not signed the Marshall Plan because of pressure from the Soviet Union and promises to help them.
<u>Answer:</u>
<em>Firstly, the bill is drafted by the president, any member congress or any head of the federal agencies. </em>
<u>Explanation:</u>
The then newly drafted bill is reviewed and examined by the committee and the sub-committee. Hearings and the study of the bill are conducted.
Next, the bill is then passed to House and the Senate who, after checking the validity of the bills, send it to the president.
<em>Then the president carefully examines the bill, and if it satisfies him/her, the bill is signed and it then becomes a law. </em>
I don't know the answer to this question.
Answer: Market failure
Explanation:
Market failure is the economic situation defined by an inefficient distribution of goods and services in the free market.
Answer:
Explanation:
As a result of the president announcement people expectation of inflation will <u>fall</u> which causes the demand for bonds to shift to the<u> right</u>.However the lower expected inflation causes the cost of wages to <u>rise</u>,So the supply of bobs will <u>decrease,</u>which causes the supply curve for bonds to shift to the <u>left.</u>
The impact of this change in bond demand and supply will cause equilibrium interest rate to <u>Decrease.</u>