Which statement is true?
A. More than any other region in the nation, the South prospered the most in the years following the Civil War.
B. The transcontinental railroads that were completed in the 1860s, 1870s, and 1880s, all bypassed the South.
C. Before the Civil War most of the nation's large farms were located in the North.
D. None of the choices are true.
B. The transcontinental railroads that were completed in the 1860s, 1870s, and 1880s, all bypassed the South.
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Which of the following is true of international trade?
A) International trade reduces the total surplus enjoyed by an economy. B) International trade benefits all participants equally. C) International trade in services is not allowed. D) International trade increases overall economic efficiency.
Commonwealth v Hunt was a pivotal case in labor history, since it marked the first time in which unions and some of their activities were not found illegal
Indicate whether the statement is true or false
In the Keynesian model, the 45-degree line consists of the points where
a. planned consumption is equal to planned saving. b. total output is equal to aggregate expenditure. c. total consumption is equal to total expenditure. d. total saving equals total investment.
If income increased by $20,000 . investment spending is fixed at $5,000 . government purchases are fixed at $10,000 . net exports are fixed at $500, and aggregate expenditure increases by $15,000 . what is the marginal propensity to consume (MPC)?
a. 0.25 b. 0.75 c. 0.33 d. 0.50 e. 0.70