What happens if interest rates fall?

What happens if interest rates fall? Because higher interest rates mean higher borrowing costs, people will eventually start spending less. Conversely, falling interest rates can cause recessions to end. When the Fed lowers the federal funds rate, borrowing money becomes cheaper; this entices people to start spending again. When rate of interest falls level of […]

Who were the two most popular swing composers?

Who were the two most popular swing composers? Although several Black orchestras—e.g., those of Basie, Ellington, Chick Webb, and Jimmie Lunceford—became famous during the period, the swing era was in the main a white preserve whose outstanding bandleaders included Benny Goodman, Harry James, Tommy and Jimmy Dorsey, and Glenn Miller. Who was a famous swing […]

Is Halloween Christian or pagan celebration?

Is Halloween Christian or pagan celebration? Halloween may be a secular affair today, dominated by candy, costumes and trick-or-treating, but the holiday is rooted in an annual Celtic pagan festival called Samhain (pronounced “SAH- wane”) that was then appropriated by the early Catholic Church some 1,200 years ago. Which pagan holiday is the basis of […]

What 3 technologies were developed by the Inca?

What 3 technologies were developed by the Inca? Here are 8 amazing things you didn’t know the Incas invented. Roads. A communications network. An accounting system. Terraces. Freeze drying. Brain surgery. An effective government. Rope bridges. What was the Inca inventions? They also invented a flute, a drum, the famous Inca panpipe (a collection of […]

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