Which statement is true?
A. In 1900 most Americans lived on farms.
B. The United States' industrial base was largely destroyed by World War I.
C. John D. Rockefeller controlled the U.S. automobile industry during the first two decades of the 20th century.
D. Andrew Carnegie was the leading steel producer in the U.S. in 1900.
D. Andrew Carnegie was the leading steel producer in the U.S. in 1900.
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Explain why it is highly unlikely that the world's oil reserves will be depleted within the next 40 years
What will be an ideal response?
Refer to Figure 5-13. The market equilibrium quantity of gasoline is ________ million gallons per month
A) 20 B) 32 C) 48 D) 56
The slope of a vertical straight line is infinity
a. True b. False
If you believe that expectations react slowly, you are likely:
a. a believer in rational expectations b. a Keynesian c. a theoretical economist d. None of these.