Answer:
In these sentence, Paine is arguing the fact that America didn't flourish due to it's acquaintance with Britain but it flourished on itw own accord. Paine goes on arguing that America would have flourished more if there would not have been interference from European powers.
Explanation:
'Common Sense' is a philosophical pamphlet written by Thomas Paine. In this pamphlet, Paine writes about independence of American colonies from Great Britain and establishment of Democratic government.
In the Third Section of the pamphlet, Paine describes about the current situation of America. To this Paine argues and invalidate the fact that America flourished due to its acquaintance with Great Britain. Paine argues that this is a fallacious statement and America would have flourished much more if European powers would not have interfered in their colonies' business. He goes on to argue that America will keep on flourishing because she has enriched herself with the necessaries of life but Europe is customed of eating, which means acquiring of taxes.
The correct answer is C.
The aim of an expansionary monetary policy is to increase the money supply, hence, the amount of money in circulation in the economy. A central bank can do so by buying securities, as the money paid for them is pulled into the economy and it accumulates to the existing money supply, increasing the amount of money in circulation.
On the contrary, the other 3 measures listed could be useful for conducting a contractionary monetary policy.
<em>Options B and C refer to increasing the reserve requirements, which means that banks are oblied to keep a larger amount of money in cash (therefore that cash is taken out of circulation). Option A involves increasing the interest rate, which means that borrowing money becomes relatively more expensive and its demand decreases. </em>
One defining characteristic would be "Innovation".
