The post-World War II prosperity (1945–1949) was due in large part to Harry Truman's commitment to maintaining high levels of federal expenditures after World War II (1941–45)
Indicate whether the statement is true or false
False
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A principle is a self-evident truth that most people readily understand and accept
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Albert's Pretzel Baking Company used to have four workers who were each in charge of making their own pretzels from start to finish
Now, one worker mixes the dough, another shapes it, the third puts the unbaked pretzels into the oven and the fourth removes the finished product. Output has doubled. This is an example of A) neutral technical change. B) labor-saving technical change. C) an organizational innovation. D) economies of scale.
Mergers often do not lead to value creation
Indicate whether the statement is true or false
Which of the following will most likely result from a destruction of half of the Florida orange crop due to a hard freeze?
a. a decrease in the demand for oranges b. an increase in the supply of oranges c. an increase in the quantity of oranges bought and sold d. an increase in the price of oranges