Alexander III of Macedon went east and south in his conquests because of few reasons. The Greeks were already conquered by his father, but he needed to secure his authority there so he made a few big blows for them, especially because the Greeks despised the fact that the Macedonians conquered them.
The most advanced civilizations were on the east, and also they were the most powerful, with the Persian Empire being at the top at that time. Knowing that in order to be able to create a large empire he needs to eliminate the main threat, Alexander went for the Persians and managed to win.
In the south, Egypt was the traditional place of civilization, prosperity, and it had a well established reputation, so Alexander went for it and took it under his control.
He had plans to go westwards towards Rome, but since Rome was nothing special at that time, neither in cultural manner nor in militaristic one, he went for what was more important.
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:
The correct answer is A) It would drive down American wages by allowing companies to
more easily shift production to Mexico.
Explanation:
The Bourbon Triumvirate hurted Georgia because they did not:
- really help the poor
- improve education
- improve lives of the convicts
<h3>Who were Bourbon Triumvirate?</h3>
The Bourbon Triumvirate referred to Joseph Brown, John Gordon and Alfred Colquitt; who were group of wealthy men that led the Georgia Democrats and tried to help the wealthy, white citizens of Georgia during the New South.
Despite that the Bourbon Triumvirate wanted the state of Georgia to become self-sufficient, they were not too successful at it.
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