Quantitative evidence from Fishlow, Fogel and Mercer indicates that
a. antebellum railroads were built ahead of demand, but post-bellum transcontinentals were not.
b. post-bellum transcontinentals were built ahead of demand, but antebellum railroads were not.
c. both antebellum railroads and post-bellum railroads were built ahead of demand.
d. antebellum railroads were not built ahead of demand, but the evidence on post-bellum railroads is mixed.
b. post-bellum transcontinentals were built ahead of demand, but antebellum railroads were not.
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The above table shows answers given by people interviewed in a government survey of households. Which individual or individuals are considered marginally attached?
A) A B) B, C, and D C) A and D D) D
Refer to Table 19-29. Based on the table above, what is national income for this economy?
A) $4,700 billion B) $4,000 billion C) $3,150 billion D) $2,450 billion
Describe the principal costs of unemployment. Are there any benefits to unemployment?
What will be an ideal response?
Monetary policy in the European Monetary Union is determined by
A) the Bundesbank. B) the European Union Senate. C) the European Central Bank. D) None of the above.