During the Cold War era, the U.S.:
A. gave foreign aid to promote their communistic support.
B. gave foreign aid, while the Russians demanded reparations from many of the same countries.
C. gave foreign aid to prevent the spread of communism, while Russia did the same in an effort to align countries with the Communist bloc.
D. did not engage in any foreign aid because of the severe cost of fighting the war.
C. gave foreign aid to prevent the spread of communism, while Russia did the same in an effort to align countries with the Communist bloc.
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A long-run aggregate supply curve may graphically be represented as a
A) vertical line. B) a downward sloping line. C) an upward sloping line. D) horizontal line.
Supply-side macroeconomic policy is based on the idea that an increase in the aggregate supply curve will result from a decrease in business taxes and deregulation, resulting in both an increase in real GDP and an increase in the overall price level
Indicate whether the statement is true or false
Many conflicts over standards result from the differences in income between countries
Indicate whether the statement is true or false
The graph shown portrays a subsidy to buyers. The amount of money spent on this subsidy by the government is:
A. $2,400. B. $3,600. C. $800. D. $6,000.