Answer:
A. The expected real rate of interest increases by one percentage point for each percentage change in expected inflation.
Explanation:
The Fisher effect is an economic term referred to as the relationship between real and nominal interest rates with inflation. This theory explains that the real interest rate is equal to the nominal interest rate minus the expected inflation rate. In other words, if nominal rates do not increase at the same rate as inflation, then real interest rates will fall while inflation increases.
<span>In 1862 and early 1863, both the Union Navy and Army tried and failed to capture Vicksburg.
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Answer: The optimum tariff.
Explanation:
The optimum tariff maximizes the liquid benefit resulted by the improve of the nation’s terms of trade, althought the volume reduction of trades.
In one side, the terms of trade of the country who imposes the tariff improve. On the other side, those of the trade partner decrease.
It should be noted that even that the terms of trade of the country that impose the tariff improved, those are smaller if compared to the losses of the trade partner
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The best answer is industrial: it makes sense for people to settle in industrial regions, as they can hope to find work there. Other options refer to the distribution of people, such when people are from many cultures (multicultural) but this was not something people in 19th century searched for most, instead they wanted good job opportunities.
