The correct answer would be D. 0.0005 because the difference between 0.0991 and 0.0005 is the largest of all stated answer choices.
Explanation:
FOMC sets a target federal funds rate eight times a year, based on prevailing economic conditions. The federal funds rate can influence short-term rates on consumer loans and credit cards as well as impact the stock market.
Answer:
It created a three-tiered judiciary: the Supreme Court of the United States was to have a Chief Justice and five Associate Justices; next, the United States Circuit Courts were created to act as general jurisdiction trial courts, where one Supreme Court justice and a local judge presided; lastly, each state
Explanation:
Answer:
The right answer is "A panic ensued and people began to sell their stocks, causing prices to dive."
Explanation:
The margin calls made by brokers cause a mini-crash of the market on March 25, 1929. Prices plummeted. There was a temporary solution when some prominent bankers promised they would continue to lend, assuaging investors´concerns.
