Inflation can result from rising demand and reduces the value of money. Money loses value when its purchasing power falls. Since inflation is a rise in the level of prices, the amount of goods and services a given amount of money can buy falls with inflation.
Answer:
Coolidge adopted the taxation policies of his Secretary of the Treasury, Andrew Mellon, who advocated "scientific taxation" — the notion that lowering taxes will increase, rather than decrease, government receipts. Congress agreed, and tax rates were reduced in Coolidge's term
Explanation:
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Answer:
The correct answer is option b) "frictional". Frictional unemployment occurs when someone quit his job before finding a new one. In this case Joe is experiencing tireness and he needs to take a break of his current work. This type of unemployment is natural and could be considered beneficial since people look for other jobs where they could be more productive.
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Explanation:
“Washington set the precedent for hiw cabinet members would interact with the presidency by establishing the cabinet as the chief executive’s private advisors.”- make sure you change the words up!!!!