ap euro The so-called American System was a. high tariffs to protect new industries b. the use of interchangeable parts in manufacturing c. a common market for the western hemisphere d. free trade and the absence of tariffs e. wage and price controls

What are consequences of rapid inflation? (select all that apply.) savings accounts become less desirable because interest earned is lower than inflation individual purchasing power increases, which results in an increase in demand. individual purchasing power decreases, which results in a decrease in demand. people postpone purchasing expensive items, such as homes, until prices drop.