By “inflation is like taxation without legislation” Morgan Friedman meant like inflation gets new money into economy and raises revenue, does not mean that it is a part of the legislation.
<u>Explanation:</u>
Inflation means rise in the prices of the goods and services of the economy at a continuous rate. With the increase in the prices, the revenue of the government also increases and new money also comes in to the economy, just like tax is a source of revenue for the government. But this does not mean that inflation is a part of the legislation or a part of the law, like the taxes are a part of the legislation.
Its Africa bro cause I looked it up in google lol
Feudalism helped protect communities from the violence and warfare that broke out after the fall of Rome and the collapse of strong central government in Western Europe. Feudalism secured Western Europe's society and kept out powerful invaders. Feudalism helped restore trade. Lords repaired bridges and roads.
The reason why Southerners were more likely than Northerners to support the Mexican-American War is because an American victory in the war would lead to more territory in the South being gained (territory once belonging to Mexico).
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An Electorial college is a body of people representing the states of the US, who formally cast votes for the election of the president and vice president.
Explanation:
