Their colonies became sources markets and resources. Many
European countries embarked on acquiring colonies in Africa and Asia to gain
more resources for their industries as well as create new markets and acquire
wealth. They used the manpower in these
colonies to power their industries.
Answer:
we seek to understand two types of equilibria, one corresponding to the short run and the other corresponding to the long run. The short run in macroeconomic analysis is a period in which wages and some other prices do not respond to changes in economic conditions. In certain markets, as economic conditions change, prices (including wages) may not adjust quickly enough to maintain equilibrium in these markets. A sticky price is a price that is slow to adjust to its equilibrium level, creating sustained periods of shortage or surplus
Explanation:
Answer:
A
Explanation:
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The important revolutionary-era document that George Mason wrote was C; Virginia Declaration of rights. The Virginia Declaration of right was written in 1776. George Mason was was born in Virginia in November 30th, 1725 and died October 7th, 1792. He was a planter and politician.
The federal discount rate is the interest rate the Federal Reserve charges banks to borrow funds from a Federal Reserve bank. The Fed discount rate is set by the Fed's board of governors, and can be adjusted up or down as a tool of monetary policy.
