Why was the inspector unable to impose the penalty he asked for? What does the court’s decision suggest about the importance of factory owners and manufacturing?

It is usually thought that a fine is a payment made to the employer for damage done to him by the worker. That is not true. A fine and compensation for damage are two different things. If a worker does some damage to another worker, the latter may demand compensation for the damage (e.g., for a piece of cloth which has been spoiled), but can not fine him. Similarly, if one factory owner does damage to another (e.g., fails to deliver goods on time), the latter can demand compensation, but he cannot fine the first factory owner.

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Explanation:

(e) a major consequence of the election was that several southern states

the correct answer is d. the monetary reserve is a set of funds represented in currency, money or similar, saved as a forecast of possible needs or for legal reasons.

the increase or decrease in the monetary base influences in the increase or decrease of the inflation rate. therefore, the excess of monetary reserve will cause the reduction of inflation.