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.
Answer:
The ability to do something or act in a particular way, especially as a faculty or quality.
Explanation:
Answer:
It's Union
Explanation:
The Union was the northern cluster of states that wanted to stay with the United States during the Civil War. What we now call the South would be considered the Confederacy, which wanted to leave the United States and be on their own for many different reasons including taxes and slavery. Hope that helped, I'm not good and explaining things.
