All else equal, the Morrill tariff act of 1861 caused the short-run price level to increase and short run employment to increase.
Morrill Tariff Act introduced an increased import tariff in the United States in 1861 during the US President James Buchanan, a democratic to protect infant industries. The tariff rates were increased to both compensate for a federal deficit that had led to increased government debt in recent years and to promote domestic industry and foster high wages for industrial workers. Hence, the act caused the short run price level to increase, hence consequently resulted in short run employment to increase.
Learn more about Morrill Tariff Act:
brainly.com/question/10285930
#SPJ4
Answer:
The Iran hostage crisis
Explanation:
i just got it right on my test
The Palmer rides were rides on radical leftists - regardless of their skin colour. With this information we can reject the first two answers which are connected to racism.
The Sacco and Vanzetti was a trial of two anarchists that the people have found biased: this shows that the events were motivated by the fear that American values were threatened by radical ideas (such as leftist and anarchist ideas)
The largest economic impact on Germany following Versailles was the fact that Germany had to pay huge reparations for the damages it (and other opposing states) caused. The costs of these reparations took a huge toll on the democratic Wiemar Government in Germany to the point where the nation slipped into crippling depression. The economic downturn tied to the Wiemar Regime stoked a great deal of animosity against the democratic government paving the way for radical political movements in Germany like Hitler's Nazi Party. I got this information for myself but this question has been answered before :)