Answer:
(C) Pepin The Short
Explanation:
In 741AD, Pepin took over from his father as Mayor of the Palace. He ruled alongside his elder brother.
In 743AD, Pepin and his brother chose Childeric to be the <em>apparent</em> King of the Franks. Both brothers still wielded the functional power to the throne. Childeric was just to 'appear to be' the King (unknown to him though).
In 747AD, Pepin's brother stepped down (intentionally and on his own accord). Pepin then became the only ruler of the entire Frankish territory.
In 751AD, Pepin, without full support from his clan, lured Childeric into monastery in order to remove him as the 'face of Francia'.
Pope Zacharias helped Pepin to be proclaimed King of the Franks, against all opposition.
Answer:
A <u>increase</u> in the money supply will cause interest rates to decrease, which, in turn, causes spending to <u>increase.</u>
Answer:
left by 30 billons
then right by 40 billons
Explanation:
the aggregate demand curve will move to the left as the consumption of the economy will fall as the household are less wealthy than before.
Then, as the interest rate fall the aggregate demand curve will move to the right as the investing increase as now more projects are profitable.
<em>Calculations:</em>
<em />
5 billon for every point of wealth:
6 points x 5 billon = 30 billons
20 billion of inventing per 1% of interest rate decrease
2 points x 20 billions = 40 billons
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Answer:
Lifo in inflationary- condition Income tax shows minimum amount, when there is inflation in the economy.
Fifo In inflationary condition, income tax shows a higher amount.
Lifo .in deflation .In case of deflation, larger amount of income tax is shown. Fifo in deflation .Reduced income tax will be shown in deflationary conditions
Explanation:
Lifo in inflationary- condition Income tax shows minimum amount, when there is inflation in the economy.
Fifo In inflationary condition, income tax shows a higher amount.
Lifo .in deflation .In case of deflation, larger amount of income tax is shown. Fifo in deflation .Reduced income tax will be shown in deflationary conditions.
