Middle Ages
When the Federal Reserve decreases the interest rate, consumer spending is likely to
A
stay the same.
B
decrease.
C
increase.
D
increase or decrease, depending on other factors.
C
increase.
Option C is the correct answer.
Explanation:
The interest rate is the cost of borrowing money, so when it becomes cheaper to borrow money, consumers will likely spend more.
Which of the following geographic factors contributed to Italy's prosperity during the Crusades?
Select all answers that apply.
A
Italy's central location between Europe and the Middle East lead to much of the trade between the two passing through Italy.
B
Italy's proximity to the Black Sea made it easy to ship goods between regions.
C
Italy's easy land access to the Middle East made it easy to transport goods between regions via camels.
D
Italy's geographic access to naval routes provided the ability to establish trade between their ports and Middle Eastern ports.
A
Italy's central location between Europe and the Middle East lead to much of the trade between the two passing through Italy.
Explanation : Italy is centrally located between Europe and the Middle East, making it an important part of trade between the two.
D
Italy's geographic access to naval routes provided the ability to establish trade between their ports and Middle Eastern ports.
Explanation:
The naval routes between Italian ports and Middle Eastern Ports were an important part of trade between Europe and the Middle East.