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What were the political, social, economic, and/or cultural consequences of this item: General John J. Pershing?
Instructions:
-Identify each item. Give an explanation or description of the item. Answer the questions who, what, where, and when.
-Explain the historical significance of each item. Establish the historical context in which the item exists. Establish the item as the result of or as the cause of other factors existing in the society under study.
Currency Notes
Paper money issued by a country's central bank or government as legal tender for transactions.
Money Demand Curve
A graph showing the relationship between the quantity of money demanded and the interest rate.
Nominal Interest Rate
The interest rate before adjustments for inflation, representing the face value of money borrowed or saved.
Price Level
A measure of the average prices of goods and services in an economy at a given time; often compared over time to analyze inflation or deflation.
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