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.
That would be the Munich agreement
Answer:
The Office of Price Administration (OPA), created in April, 1941 in anticipation of a coming war economy, soon froze many consumer prices and rationed common items such as gasoline, coffee, butter, shoes, sugar, and meat. ... Consumers could then choose food according to individual preferences (Ward 1994).
Explanation:
Its not 1 because Pilgrams were Christians while Puritans were Catholic.
Its not 2. Because of prior research.
Its not 3, because of logic.
Its not 4 because of the distance of where they lived.
So my logical guess is NUMBER 5.
Explanation:
Consumption levels are remarkably the same around the world. False
