The correct answer is:
Option A) Production begins to fall
Option D) Interest rates increase
Option E) Purchasing power falls.
Inflation is describes the rise in the prices of goods and services in an economy. While rising prices might seem like a bad thing, slight inflation is actually encourage by economic experts. An inflation of 1-2% is deemed resonable and sustainable.
However, if the inflation rate prices from more than 4% in a year, it means that people will have less purchasing power and would be able to buy less. This would impact production as well.
The opposite of inflation is deflation and is also considered harmful for the economcy.
The <span>colony that reached a population of 15,000 in 1700 .
The land of Virginia was really rich in minerals and mining resources. Making the region became a very suitable place to grow crops and a place for finding various precious metals such as gold and silver.
This condition caused many people attracted to tried their luck in Virginia.</span>
The advantages that Britain had against America during the American War for Independence was they had a well trained army and had access to funds to recruit foreign soldiers. The correct answer is B.
