The House of Burgesses was the <span>first representive assembly in the English colony in 1619.
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Answer: The Aztec priests were very important to the Aztec people. These Aztec priests had many important responsibilities. Their life was filled with prayer, forgiveness, and pain. A priest can act as a teacher of religion, director at festivals, or they can even act as a translator of the gods. They also would wear black blood-stained robes when sacrificing humans to the gods.
Explanation:
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.
