Explain what is bad about deflation. That is, if money is worth less than before, describe the impact on those who have loans they have to pay back. deflation increases debt, if prices drop by 10% then your best would increase by 10%. you had to work harder and longer to pay it off.

An artist entered into a written agreement to sell a patron a partially finished painting once it was complete. the patron later learned that the artist planned to sell the painting to a third party who offered to pay the artist more than the contract price. the patron filed suit to compel the artist to sell the painting to her in accord with the terms of their agreement, while the artist denied that the painting the artist planned to sell to the third party was the subject of the agreement with the patron. at trial, the patron did not introduce the written agreement or explain its absence. rather, the patron sought to testify that, when she signed the agreement, the artist had pointed to the painting in question and stated that it was the patron’s painting. the artist’s attorney objected to the testimony that the artist identified the painting as belonging to the patron. how should the court rule? asustain the objection, because the artist’s statement was hearsay. bsustain the objection, because the patron failed to produce the written agreement or explain its absence. coverrule the objection, because the statement is not hearsay. doverrule the objection, because the statement was relevant.

The purpose of laws were to restrict the rights of african americans who lived in southern states. a) "jim crow" b) "civil rights" c) "anti prohibition" d) "reconstruction acts"

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