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: B - Sparta
Explanation:
Houses in the life of the ancient Greeks never occupied a special place. The house was primarily a place where the Greeks slept, so in that context, not much was invested in the luxury.
The Greeks spent most of their time outside, in the markets, at farms, so they returned home in the evening to sleep. The private dwellings of the ancient Greeks were very modest.
Answer:
Nullification Crisis was caused by the introduction of a series of protective tariffs. ... The 1828 Tariff of Abominations which sparked the Nullification Crisis was the third protective tariff implemented by the government.
Explanation:
tariffs null
Answer:
The Pecos Classification was the first scientific attempt to understand how the Anasazi cultures changed over time.
Explanation:
