Answer:
Increased Inflation.,
Cutting interest rates isn’t guaranteed to cause a strong economic recovery. Expansionary monetary policy may fail under certain conditions.
If confidence is very low, then people may not want to invest or spend, despite lower interest rates.
In a credit crunch, banks may not have funds to lend, therefore although the Central Bank cuts base rates, it is still difficult to get a loan from a bank.
Commercial banks may not pass the base rate cut on.
Answer:
Explanation:
Yeah It's A. There is a lot of stuff about why this is so important on the internet so if your doing an assignment you should really look at why this is the answer, otherwise you might be asked to describe the impact of paper and why it was so important and only have "China made it" XD.
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The cultural conservatism helped keep the culture preserved, and alive.
Answer:
The Soviet-Nazi pact was a nonaggression treaty. It stated that in the case of war, the two countries would not attack one another.
Explanation: Nonaggression treaties are common between countries.
