Which of the following presidents attempted to expand employment during the Great Depression through increased public spending?
A. Harry Truman
B. Franklin Delano Roosevelt
C. Calvin Coolidge
D. Herbert Hoover
Answer: B
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According to this Application, other economists disagree with Professor Gordon and suggest that the ________ will help to increase future growth
A) global interconnectedness B) the Internet C) computer technology D) all of the above
One example of physical capital is the amount of savings that you have
Indicate whether the statement is true or false
Increasing transactions costs of selling an asset make the asset
A) more valuable. B) more liquid. C) less liquid. D) more moneylike.
Which one of the following policies mitigates the negative effects of moral hazard?
A. Increasing everyone's insurance premium B. Mandatory car insurance for car owners C. Lowering everyone's insurance premium D. Insurance policies with large deductibles