Answer:
Explanation:
After reading the passage, I see how the author uses connotations and figurative language to make his experience come to life. The author uses a mix of positive and negative connotations like "fast" as a positive connotation, and "lighting" as a negative connotation. Though the author is using negative connotation in the paragraph,
the story itself is not meant to be negative, rather exciting and uses figurative language as a description. This is expressed through the phrases like, "electric fight" but the author hints at what they mean through the following context clues like, " for us to turn on and off as we please." Which indicated a light swish, and the electric that "fighting" through it. This make it feel like not just a light switch or power, but an electric storm that comes to life!
Answer:
What made the Great Depression "Great" was the government response. Constant changes the regulatory environment, tax increases, massive deficits, and failure to let the market correct paralyzed the economy in its depressed state for 15 years.
Both were caused primarily by an over expansion of credit rooted in loose money supply. The monetary response to the current recession has been different. Rather than tightening to force the market to bottom, the Fed has maintained low rates in an effort to re-inflate the bubble conditions. Hoover/Bush & FDR/Obama responses are similar as all tried to spend their way out of the problem.
1929 crash:
After WWI, Britain reset the pound to the pre-WWI level even though their money supply had far exceeded pre-WWI levels. In an effort to slow the flight of gold from Britain, the US federal reserve (led by Benjamin Strong) lowered interest rates. As always, artificially low interest rates caused massive distortions in asset values. Money flowed into the stock market and people who would not normally have been stockholders bought stocks in place of other investments that would have yielded better interest rates absent fed policy. Margin was used excessively because the real cost of leveraging was distorted by fed interest rate policy.
The fed continually lowered interest rates all the way into 1929. When the bubble popped, they tightened policy and raised rates. This contributed the deflationary spiral; however, the deflationary spiral could not have been as severe without the loose policy during the bubble.
2008 crash:
Beginning in the early 1990s, the federal reserve (led by Alan Greenspan) lowered rates while monitoring consumer prices as indicators of inflation. They ignored bubbles in the stock market directly caused by their inflationary monetary policy. When the stock bubble popped, they lowered rates further and pushed misdirected investment towards other assets - most commonly housing.
After the attacks of 9/11/2001, the fed pushed rates to 0 (long term rates were effectively negative and continue to be).
Explanation:
Means the gland is producing a lot of what it is producing. As for the adrenal gland, it's producing too much cortisol as seen in a disease called Cushing syndrome.
Answer:
A
Explanation:
creating a good web of good will that will be there when you need it
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