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What are two variants of cost-push inflation?
1. Wage Price Spiralis when workers receive a significant wage increase, which is passed to consumers through higher prices, which decreases SAS. if wages continue to increase, then the Reserve Bank should increase the supply of money to restore full employment equilibrium......
Congress passed both the Interstate Commerce Act and the Sherman Antitrust Act in the hope that it could?
gain more control over business
How will my foes impact my ability to afford a property tax increase if I rent?
Your foes may impact your ability to afford a property tax increase if you rent by potentially influencing policies that could lead to higher rental costs being passed on to tenants.
How much would one pound in 1950 be worth today?
Average inflation ever year is about 3.5% so using the geometric series formula: U = a*r^(n-1) a = £1 (Initial amount) r = 1.035 (Inflation of 3.5%) n = 62 (Number of years that have passed) U = new amount 1 x 1.035^61 = £8.15 So £1 in 1950 would be worth about £8 in 2012
What is the real burden of an increase in the public debt?
If the government runs into a deficit whatever the burden is will be passed on to the next generation. Public debt increases when the economy is in bad shape.
How did the laws Parliament passed increase British control in the American colonies?
The laws parliament passed increase British control in the American colonies since they lowered taxes.
What are two variants of cost-push inflation?
1. Wage Price Spiralis when workers receive a significant wage increase, which is passed to consumers through higher prices, which decreases SAS. if wages continue to increase, then the Reserve Bank should increase the supply of money to restore full employment equilibrium......
How did the laws that parliament passed increase British control in the American colonies?
it made the colonists listen to them
How was the bubonic plague passed around?
by inhaling the air of the victim
What is a good sentence using word plague?
The plague wiped out a third of the population in Europe in 1347 and most of the plague was carried by rats, when rats used to bit people they passed it on.
In 1974 congress passed the Congressional Budget an Impoundement Control Act in an effort to increase?
C. its role in planning the budget.
Did Mansa Musa's extravagant spending during his pilgrimage to Mecca cause inflation in the economies he passed through?
Yes, Mansa Musa's extravagant spending during his pilgrimage to Mecca did cause inflation in the economies he passed through. His lavish gifts of gold and generous spending led to a temporary increase in the money supply, which in turn drove up prices and devalued local currencies in the regions he visited.
Who cured the plague?
No one actually cured the plague but some doctors believed that isolation was necessary as it would prevent the disease from being passed around
What laws were passed by southern states to control slaves?
slave codes were passed to control slavesSlave codes
The Intolerable Acts were passed to increase trade.?
The Intolerable Acts were not necessarily passed to increase trade, though that could have been a byproduct. The acts were passed to limit British authority on colonist trade.
How was the plague formed?
It is a common Misconception that rats started the plague but this is only partly true. The rats were attracted into the cities because of the rubbish and alsorts on the streets and with those rats came bacteria, these bacteria lived on the rats and soon the rats passed these bacteria onto humans and so the plague was started.
During the black death could people who had the plague pass it on to others?
Yes. It was passed to others and that is one reason it was so deadly.
