A review of U.S. history provides evidence that
(a) class mobility is restricted.
(b) race and gender barriers simply cannot be dismantled.
(c) the wealthy and idle rich class has deep and permanent roots in the U.S.
(d) there are no social barriers that cannot be overcome in the U.S.
(d)
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Monetarists suggest doing which of the following?
A) Maintain a steady growth rate of the money supply. B) Use fiscal policy to combat unemployment in the short run. C) Use monetary policy to combat unemployment in the long run. D) Use fiscal policy to combat inflation in the long run.
By the start of the Civil War, the value of woman's labor was, on average, equal to that of an adult male due to technological advancements
Indicate whether the statement is true or false
If labor-intensive textile products could be produced more cheaply in low-wage countries than in the United States, the United States would gain if it
a. levied a tariff on the goods produced by the cheap foreign labor. b. subsidized the domestic textile industry so it could compete in international markets. c. used its resources to produce other items while importing textiles from foreigners. d. levied a tax on the domestic textile products to penalize the industry for inefficiency.
Gary's wealth is $1 million. Economists would say that Gary has $1 million worth of money
a. True b. False Indicate whether the statement is true or false