During Phase 3 of Migration to the U

question 79

Multiple Choice

During Phase 3 of migration to the U.S. (1870-1920) , where did the majority of immigrants come from?

• A)England and Africa
• B)Ireland and Germany
• C)Southern and Eastern Europe
• D)Canada and Latin America
• E)Latin America and Asia

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Definitions:

Long-Run Equilibrium

A state in which supply and demand are balanced over the long term, typically characterized by full employment of resources and stable prices.

Price Level

An index that measures the average prices of goods and services in an economy at a given time.

Budget Deficit

A budget deficit occurs when a government's expenditures exceed its revenues over a specified period, leading to a need for borrowing or using saved reserves.

Energy Prices

The cost of purchasing energy sources such as oil, gas, coal, and electricity, which can fluctuate based on demand, supply, geopolitical stability, and environmental policies.