What was the most significant result of the Spanish colonization of Central and South America?
Spain became rich by stealing the wealth of the American colonies.
Spain brought advanced cultural values to the American colonies.
Spain brought religion and high moral values to the American colonies.
Spain was transformed by the cultural richness of the New World.

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the correct answer is d. the monetary reserve is a set of funds represented in currency, money or similar, saved as a forecast of possible needs or for legal reasons.

the increase or decrease in the monetary base influences in the increase or decrease of the inflation rate. therefore, the excess of monetary reserve will cause the reduction of inflation.

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explanation: