The correct answer is: "The limited access to currency stifled business growth."
When the money supply is limited, there is scarcity in the money market and the interest rate (the price of money) rises. Therefore, through this price adjustment, equilibrum is reached in the market again.
High interest rates disincentivate investment because<u> borrowing funds to finance new projects has become relatively more expensive. Therefore, businesses will not conduct expansion policies</u> under this scenario.
Answer:
The Monroe Doctrine is the best known U.S. policy toward the Western Hemisphere. Buried in a routine annual message delivered to Congress by President James Monroe in December 1823, the doctrine warns European nations that the United States would not tolerate further colonization or puppet monarchs.
Explanation:
<span>Abd Ar-Rahman was a Muslim conqueror and leader that created a Muslim empire in the Iberian penensula, today known as Spain and Portugal. This dynasty lasted for a long time before Christianity and the Spaniards took over.</span>
They fought with direct action protests and keen political organizing such as voter registration drives and the Mississippi Freedom Democratic Party.
