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Aloiza [94]
3 years ago
15

When monetary authorities set interest rates, what happens to the money supply? Why is money supply important in monetary policy

?
Social Studies
1 answer:
brilliants [131]3 years ago
6 0

Answer:

Explanation:

A change in interest rates is one way to make that correspondence happen. A fall in interest rates increases the amount of money people wish to hold, while a rise in interest rates decreases that amount. A change in prices is another way to make the money supply equal the amount demanded.

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4 years ago
The economy in the New England colonies was based on
AveGali [126]

Answer:

fishing, shipbuilding

Explanation:

Since the soil in New England was poor and the growing season was too short to grow many crops, besides corn, beans and squash, the New England colonies had to rely on other ways to make money, primarily through fishing, whaling, shipbuilding and rum making.

3 0
3 years ago
Venezuela’s economic institutions differ from those of other nations in the region mainly because Venezuela
s2008m [1.1K]

Answer:

(A) depends heavily on a nationalized oil industry.

Explanation:

The problem with Venezuela, is that it is what economists called a rentier state. Basically, it means that the country heavily relies on the extraction of natural resources to generate revenue for its country.

With Venezuela, this natural resource is oil. Due to its overreliance on this resource, when oil price went down, the country's economy went down with it. Other countries in South America - such as Brazil and Argentina - diversify their country's source of income, creating a buffer when one sector is experiencing a crisis; which unfortunately Venezuela did not do.

6 0
3 years ago
The Mongol empire was know as the largest ______ empire the world had ever known.
Arturiano [62]

Answer:

A

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the mongol empire had 9.15 million square miles of land, that's about 16 percent of the earth's landmass

7 0
4 years ago
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How is India able to sustain civilizations based on its climate, geography and resources?
aniked [119]

Answer:

This would anwser some of your questions

Explanation:

Both the Indus and the Ganges rivers carried rich silt from the mountains to the plains. When the rivers flooded, the silt spread over the plains and made the soil in the river valleys fertile for farming.

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