<span>I had a question like this various Economics classes, as part of producer theory, trade, and overall economic growth. So I hope this translates to History as well.
The answer is C) Specialization leads to interdependence.
Why? If a country (or region, or industry) specializes in producing one thing, they will need to trade in order to get the other things they need.
A and D both go against this logic and are wrong. Specialization means picking something you are good at (producing at a lower price than others), and using all your resources for it.
B is probably wrong because it just seems silly. Not everyone will get rich. That's also part of Economics - there are ups and downs in the economy, there will always be some unemployment, etc.</span>
Answer:
D the money supply in the economy increases
Explanation:
when the Federal reserves purchases $20 million in bons from sun trust Bank, the holdings of sun-trust bank will decrease by $20 million and its reserve increases by $20,million. But sun trust bank policy prevents it from holding excess reserves. so, bank will loan out this excess reserve which in turn will increase the money supply in the economy.
therefore , the correct answer is D the money supply in the economy increases
Answer:
True
Explanation:
because the government hardly had any power over them and the states made their own money/currency too.
