Jefferson was not among the founding fathers who gathered in Philadelphia; he was in Paris serving as minister to France
1) Erodes Purchasing Power. This first effect of inflation is really just a different way of stating what it is.
2) Encourages Spending, Investing. A predictable response to declining purchasing power is to buy now, rather than later.
3) Causes More Inflation.
4) Raises the Cost of Borrowing.
5) Lowers the Cost of Borrowing.
Reduces Unemployment.
Explanation:
Answer:
The Compromise of 1850 was a package of five separate bills passed by the United States Congress in September 1850 that defused a political confrontation between slave and free states on the status of territories acquired in the Mexican–American War.
Explanation:
