During the last part of the 19th century, which factor contributed to the lag in railroad construction in the Southeast and Southwest?

A. Sparseness of population
B. War-induced poverty
C. Coastal shipping.
D. All of the above are correct.


Answer: D. All of the above are correct.

Economics

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The Social Security System of 1935 was flawed from the beginning. It left old-age pensions in the control of the states. Two examples include workers' and unemployment compensation

Indicate whether the statement is true or false

Economics

If the idea of herd instinct is true, it suggests that the:

A. efficient-market hypothesis doesn't always hold. B. efficient-market hypothesis does, in fact, hold. C. inefficient-market hypothesis doesn't always hold. D. inefficient-market hypothesis does, in fact, hold.

Economics

Actual unemployment can exceed the natural rate of unemployment due to:

A. structural unemployment. B. cyclical unemployment. C. frictional unemployment. D. All of these.

Economics

Refer to Scenario 3.2 below to answer the question(s) that follow.SCENARIO 3.2: Lettuce and spinach are substitutes. Lettuce and tomatoes are complements. Lettuce is a normal good. During the winter, about 20% of the lettuce crop was destroyed by flooding.Refer to Scenario 3.2. As a result of the flooding during the winter, you would expect that

A. the price of lettuce would increase, the supply of lettuce would increase, and the quantity demanded of lettuce would decrease. B. the supply of lettuce would decrease, the price of lettuce would increase, and the quantity demanded of lettuce would decrease. C. the supply of lettuce would decrease, the price of lettuce would increase, and the demand for lettuce would decrease. D. the price of lettuce would increase and both the quantity of lettuce supplied and the quantity of lettuce demanded would increase.

Economics