The American defeat of the superior British army lifted patriot morale, furthered the hope for independence, and helped to secure the foreign support needed to win the war
Answer:
the money multiplier = 1/ reserve ratio in this case, the reserve ratio is 10% (required) + 10% (voluntary) = 20%, so the money multiplier = 1/20% = 5 %
What is the immediate impact of this transaction on the money supply? None, since the money supply doesn't change. When a customer deposits money in a bank, the money does not increase, only its composition changes. The maximum amount by which this bank will increase its loans from the transaction in part (a) • the bank will be able to loan = total deposit x (1 - reserve ratio) = $9,000
x (1 - 20%) = $7,200
The maximum increase in the money supply that will be generated from the transaction in part
• since the banks started to "create" money by lending the money, the money supply will increase by total deposit x ( money multiplier - 1) = $9,000 x 4 = $36,000 Assume that the government increases spending by $9,000, which is financed by a sale of bonds to the central bank. Indicate what will happen to the money supply.
• The money supply will increase.
Explain what will happen to the money demand. • The money demand will also increase because aggregate demand and income will increase. Aggregate demand will increase by $9,000 x government multiplier. The government multiplier = 1/ MPS.
Answer:
Why is the encomienda system so important? The encomienda system allowed for a vast accumulation of wealth by the conquistadors and the Spanish crown. They benefited from the discovery of gold and silver in the New World, and the mining of those metals by their laborers.
Explanation:
The Shays insurgents claimed they were fighting for liberty as they did in the Revolution while the governor and other political leaders saw it as tyranny. The political leaders saw this as a threat to government and to the security of life and liberty. Additionally, there were former veterans fighting on both sides. Thomas Jefferson, while away in France, thought that "a little rebellion now and then is a good thing". He thought it was necessary for the health of the government. (Actual answer)
In the event of isolation during operations other than war, the reasons to delay contact with legitimate authorities include:
1.Gain situational awareness
2.Contact friendly forces
