The argument that rising energy prices caused the decline in U.S. productivity in the 1970s is made less believable due to the
a. falling level of saving in the 1970s.
b. falling level of energy prices in the 1980s.
c. rising level of energy prices in the 1980s.
d. rising level of energy prices in the 1990s.
b
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What is least accurate about the US experience with the income tax?
a. The federal income tax was not used for an extended period until after 1910. b. In the late 1800s and early 1900s, people from the South and West were most likely to support an income tax. c. Increases in the income tax were justified by using the money for more generous army pensions and increased military spending, especially for the US Navy. d. Provisions for the income tax were stated in the US Constitution.
Growth is advantageous to a nation because it
What will be an ideal response?
John Maynard Keynes developed his economic theories in the
A) 1870s. B) 1900s. C) 1930s. D) 1960s.
The AFL and the CIO merged in ___________.
Fill in the blank(s) with the appropriate word(s).