Solution for problem 3 Chapter Module 27
Solved: When the Fed makes a loan to a commercial bank, it charges a. no interest. b
Krugman's Economics for AP® (High School) | 2nd Edition
When the Fed makes a loan to a commercial bank, it charges a. no interest. b. the prime rate. c. the federal funds rate. d. the discount rate. e. the market interest rate.
Chapter 16 The Transformation of the West -At the close of the civil war the frontier of continuous white settlement didn’t’ not extend far beyond the Mississippi To the west was a population of more than 250,000 Indians -1893, historian Frederik Turner lectured “The Significance of the Frontier in American History” Argued the western frontier the distinctive qualities of American culture were forged; individual freedom, political democracy, economic mobility The west acts as a “safety valve” The west is seen as a place of opportunity for those seeking to improve the condition of their life Portrayed the west as empty space before American settlement o West was exact opposite A Diverse Region -The political and economic incor