Answer: Say the Federal Reserve decides to reduce interest rates to stimulate economic growth. They do this by purchasing government securities over the open market with newly created money. The bank will take this new money and lend it out (or purchase securities, it doesn't matter due to arbitrage). This has the effect of increasing the supply of loanable funds, pushing down the interest rate.
Now just because the interest rate is lowered does not mean that the expansionary monetary policy will have its desired effect immediately. Lower interest rates encourage borrowing, and increased borrowing can increase employment, GDP, etc. There is a lag between the reduction in interest rates and its effects on the real economy. People will not respond to the lower interest rates by borrowing and hiring immediately; the effect can take 1-2 years.
Explanation:
<span>Alright they made peace, they conquered other lands, demanded tribute, improved farm lands and irrigations systems for #1. Im sorry I couldnt finish half of the question because I need to go eat dinner!</span>
My dearest wife,
I've been through hell and lived to tell the tale. I cannot wait to crawl back into your arms, having witnessed this... massacre...friends dying left and right, brothers screaming for help...but only the roar of the guns was heard.
It's been the largest number of casualties I've even seen in my life...and oh God... I hope no one ever sees hell like this again.
We, the Union, have somehow defeated general Lee, and stopped the invasion.
I hope to see you soon,
Yours forever, Erik
Answer:
Unified the allies front against the axis
Explanation:
The United States was a key player in the Second world war. As the Japanese forces rallied at Pearl Harbor in Hawaii, they took the Americans by surprise. What resulted was a mammoth loss of life totaling around 2300 people. A massive impact on the American navy fleet and chief of all, a huge depletion of the American oil storage. Had the Japanese pressed further, almost all the oil reserves in the tankers held at the harbor would have been destroyed. On this account, the war could have even lasted much more longer.
The attack on the Harbor dealt a huge blow on the American people, it united a divided nation for war. What followed was a deadly response from American. It spurred the nation to go for the war.
