I hope this helps it’s a paper all about Albert fish
The benefit a country of the difference in value between a nation's exports animports, including both goods and services. ... Shortfall that occurs when the total value of a nation's imports is higher than the total value of its exports. Balance of payments. A measure of the total flows of money into or out of a country.
Answer:
Inflation rose to 10%
Explanation:
The Roaring Twenties was a period of economic boom and prosperity in the United States of America and Europe. This was just after the World War I that ended in 1918.
An indicator of prosperity in the 1920s includes the following;
I. Unemployment was 3.7: an unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The lower the rate of unemployment, the higher the employed rate and vice-versa.
II. Wages was up: this simply means that the minimum amount of money (wages) received by the employees increased.
III. GDP rose: Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
However, an inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
This ultimately implies that, inflation can never be an indication of prosperity in any country's economy.
They are 2 different newspapers in different cities.
It would be primarily "Adam Smith" who was <span>responsible for the economic theory of capitalism, since he was the one who addressed these issues in his famous work, the "Wealth of Nations". </span>
