The North had a better economic than the South, so the North had more troops to fight the war. The North had railroads, steamboats, roads, and canals for faster transport of supplies and troops.
four-year universities greatly varies.
The main <span>effect that the Chinese exclusion act and the gentleman's agreement had on immigration was that Chinese immigration (and immigration from Asia in general) was highly limited to the US. </span>
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.
