In 1907, the "Gentlemen's Agreement" Was Signed Between the United

question 20

Multiple Choice

In 1907, the "gentlemen's agreement" was signed between the United States and ______, limiting the number of laborers allowed to emigrate.

• A) China
• B) the Philippines
• C) Japan
• D) Korea
• E) Vietnam

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Definitions:

CPI (Consumer Price Index)

An index that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Real Wages

Wages that have been adjusted for inflation, reflecting the actual purchasing power of the income earned from work.

Base Year

The base year is a specific point in time used as a reference or benchmark for economic or financial calculations, such as index numbers and inflation measurements.

Percentage Changed

A measure that calculates the degree of change over time, indicating growth or decline in specific variables.