raise taxes!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Answer:
D. The interest rate will increase since there are fewer available funds for the bank to loan
Explanation:
Banks often have as priority have liquidity in order to be able to loan money to its users, that it´s why banks give interests rates to those that have their money safely guarded with them, since they can use that money to loan it to other clients and generate interests with that loans, when banks buy treasury fonds they loose that liquidity and have less funds available, which makes them increase the interest rates.
Answer:
Drafted in secret by future Presidents Thomas Jefferson and James Madison, the resolutions condemned the Alien and Sedition Acts as unconstitutional and claimed that because these acts overstepped federal authority under the Constitution, they were null and void.
Explanation:
Samuel Adams was agitated by the presence of regular soldiers in the town. He and the leading Sons of Liberty publicized accounts of the soldiers’ brutality toward the citizenry of Boston. On February 22, 1770 a dispute over non-importation boiled over into a riot. Ebenezer Richardson, a customs informer was under attack. He fired a warning shot into the crowd that had gathered outside of his home, and accidentally killed a young boy by the name of Christopher Sneider. Only a few weeks later, on March 5, 1770, a couple of brawls between rope makers on Gray’s ropewalk and a soldier looking for work, and a scuffle between an officer and a whig-maker’s apprentice, resulted in the Boston Massacre. In the years that followed, Adams did everything he could to keep the memory of the five Bostonians who were slain on King Street, and of the young boy, Christopher Sneider alive. He led an elaborate funeral procession to memorialize Sneider and the victims of the Boston Massacre. The memorials orchestrated by Samuel Adams, Dr. Joseph Warren, and Paul Revere reminded Bostonians of the unbridled authority which Parliament had exercised in the colonies. But more importantly, it kept the protest movement active at a time when Boston citizens were losing interest.