Answer:
George Washington was an American political leader, military general, statesman, and Founding Father who served as the first president of the United States from 1789 to 1797. Previously, he led Patriot forces to victory in the nation's War for Independence.
Explanation:
You would most likely observe that afternoon cumulus clouds have higher cloud bases as you travel west.
Clouds with flat bottoms known as cumulus are frequently referred to as "puffy," "cotton-like," or "fluffy" due to their appearance. Their name comes from the Latin word cumulo, which means a mass or mound.
Unless they are the highly vertical cumulus congestus variety, cumulus clouds are low-level clouds that are typically less than 2,000 m (6,600 ft) in altitude. Cumulus clouds can appear singly, in groups, or in lines.
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Answer:
I, II, and III.
Explanation:
Market efficiency demonstrates that prices mirror the entire information regarding a specific market or stock which is accessible at a given point of time. There are certain important characteristics of an efficient market which include a number of participants, uniformity in products, etc. As per the options, all the three options could be characterized as the important characteristics of market efficiency which are as follows:
I). 'There are no arbitrage opportunities' as there is complete awareness among the consumers regarding the availability of products and its prices.
II). 'Security prices react quickly to new information' as there is a consensus value of a product set by all the customers and sellers after assessing its value.
III). 'Active trading strategies will consistently outperform passive strategies' as there is perfect competition and therefore, there is a liberty to enter and exit the market at any point in time.
The US currency went off the gold standard.
The Great Depression was causing people to hoard gold. So using gold to back the dollar was no longer feasible because gold was untenable. Franklin Roosevelt made the decision to take the US off of gold.
