the answer is A
hope this helps stay safe and god bless you
The fourth question is correct (D).
To understand this answer, one must understand the mechanism of correction of inflationary processes.
Inflation erodes the purchasing power, thus, the elderly with fixed income will be harmed and not beneficiaries in an inflationary process.
<u>The main mechanism to reduce inflation is the interest rate.</u> In this way, when inflation happens, the Federal Reserve raises the interest rate. This makes public bonds profitable and economic agents begin to use money by buying bonds, reducing the circulation of money and consequently lowering inflation.
For banks that have made adjustable rate loans, this will be a good thing, as interest on the contracts will increase along with the increase in the interest rate, which will make the contracts yield more. Therefore, banks will be the biggest beneficiaries. However, this will happen only when the rate is adjustable.
Answer:
Pennsylvania prospered industries related to iron, paper making, textiles and shipbuilding. Their agriculture wheat, corn, dairy and cattle.
Explanation:
That is called a speedometer
Chris Christie is the governor of New Jersey since January 2010 and his term ends on January 23, 2018.
