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.
I think that is it called a veto, but I could very well be wrong.
Limited government: The government has only the powers that constitution gives it.
Rule of law: The Government and its officers are always subject to the law, never above it.
Federalism: The sharing of power between federal and state government.
Separation of powers: Refers to the division of government responsibilities into distinct branches to limit any one branch from exercising the core functions of another. The intent is to prevent the concentration of power.
Checks and balances: each branch of the national government can check the actions of the other two branches.
Popular sovereignty: The concept that political power sets with the people who can create, alter and abolish government. People express themselves through voting and free participation in government.
