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Tamiku [17]
3 years ago
12

During the period 2001-2004 the U.S. Federal Reserve lowered nominal interest rates on the dollar by more than the European Cent

ral Bank (ECB) did on the euro, a move that most market participants viewed as temporary. What was the effect on the dollar-euro exchange rate?
Social Studies
1 answer:
Arisa [49]3 years ago
5 0

Answer:

The dollar depreciates against the Euro.

Explanation:

When the U.S Federal Reserve lowered nominal interest rates on the dollar as compare to European Central bank lowered on the Euro in the period of 2001-2004.The effect of this decision was that the dollar depreciated against the euro.Since the nominal interest rates on dollar are lower than as compared to that are on Euro.

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Which group of georgians failed to benefit from the Agricultral Adjustment Act
Yuri [45]
Roosevelt, familiar with Georgia’s economy through his frequent visits to Warm Springs, proposed the AAA within his first 100 days of office. The act passed both houses of Congress in 1933 with the unanimous support of Georgia senators and representatives. In essence, the law asked farmers to plant only a limited number of crops. If the farmers agreed, then they would receive a federal subsidy. The subsidies were paid for by a tax on the companies that processed the crops. By limiting the supply of target crops—specifically, corn, cotton, milk, peanuts, rice, tobacco, and wheat—the government hoped to increase crop prices and keep farmers financially afloat.
The AAA successfully increased crop prices. National cotton prices increased from 6.52 cents/pound in 1932 to 12.36 cents/pound in 1936. The price of peanuts, another important Georgia crop, increased from 1.55 cents/pound in 1932 to 3.72 cents/pound in 1936. These gains were not distributed equally, however, among all Georgia's farmers. Subsidies were distributed to landowners, not to sharecroppers, who were abundant in Georgia. When the landlords left their fields fallow, the sharecroppers were put out of work. Some landowners, moreover, used the subsidies to buy efficient new farming equipment. This led to even more sharecroppers being put out of work because one tractor, for example, could do the job of many workers.
In 1936 the Supreme Court struck down the AAA, finding that it was illegal to tax one group—the processors—in order to pay another group—the farmers. Despite this setback, the Agricultural Adjustment Act of 1933 had set the stage for nearly a century of federal crop subsidies and crop insurance. In 1936 Congress enacted the Soil Conservation and Domestic Allotment Act, which helped maintain production controls by offering payment to farmers for trying new crops, such as soybeans. Crop insurance was included in the new Agricultural Adjustment Act of 1938, which paid subsidies from general tax revenues instead of taxes on producers.
The legacy of crop subsidies and crop insurance continues well into the twenty-first century. In 2012 the U.S. Department of Agriculture spent more than $14 billion insuring farmers against the loss of crop or income. In 2014, 2.86 million acres of farmland were insured in Georgia. Cotton, peanuts, and soybeans are the most insured crops in the state by acreage, and more than 95 percent of Georgia's peanut, cotton, and tobacco acreage was insured in 2014
8 0
3 years ago
This theory proposes that people do not like holding to ideas in their heads that are contrary and will do what is necessary to
liubo4ka [24]

Answer:

c. Cognitive Dissonance Theory                                                                                                                                                                  

Explanation:

Cognitive dissonance theory: In social psychology, the theory of cognitive dissonance was proposed by an American psychologist named Leon Festinger in 1957. The "cognitive dissonance theory" describes that an individual has an "inner drive" to hold or carry-out all his or her behavior and attitudes in euphony and willing to avoid dissonance or disharmony.

In the question above, the given statement signifies the "cognitive dissonance theory".

3 0
3 years ago
If you give an informative presentation on instrument families of the modern symphony orchestra, your main ideas will probably b
algol [13]

Answer:

Topical organization.

Explanation:

As the exercise presents, the pattern chosen to organize is called "topical organization". This is a commonly used format, and works like this: it arranges information according to different sub-topics under a larger one. For example,  following the content of the example, a topical organization would look like this:

Modern symphony orchestra:

   *Strings

          (Information about strings)

   *Woodwinds

           (information about woodwinds)

And so on with the rest of the instruments.

8 0
3 years ago
Did the caste system assist or impede the development of India?
Sati [7]

Answer:

yes

Explanation:

4 0
3 years ago
Read 2 more answers
The growing area of genetics and gene therapy may allow psychologists to focus on ______ of psychological disorders rather than
shutvik [7]

The growing area of genetics and gene therapy may allow psychologists to focus on <u>prevention</u> of psychological disorders rather than on <u>treatment</u> only.

<h3>What is a psychological disorder?</h3>

A psychological disorder can be defined as a type of personality disorder that causes both emotional and physical changes in the behavior of an individual towards himself or herself, and others.

<h3>Who is a health psychologist?</h3>

A health psychologist can be defined as a medical professional who has been trained and licensed to study how both psychological, biological, and other social factors causes illness in people.

In conclusion, the growing area of genetics and gene therapy is a field of science which has allowed psychologists to focus on <u>prevention</u> of psychological disorders rather than on <u>treatment</u> only.

Read more on psychological disorder here: brainly.com/question/4511566

#SPJ1

7 0
2 years ago
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