Which of the following is least accurate about the US during World War I?
a. The armed forces increased from about 180,000 to 3 million.
b. Soldiers were obtained through volunteer army and without a draft.
c. Many new agencies were started to regulate prices.
d. The US was a formal participant in the war for only 19 months.
b. Soldiers were obtained through volunteer army and without a draft.
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What reasons would economists give for an increase in the natural rate of unemployment that could have occurred from 2007 to 2011? What argument would suggest that the natural rate of unemployment may not have risen?
An open market __________ by the Fed increases the money supply; a(n) __________ in the required reserve ratio increases the money supply
A) sale; decrease B) purchase; increase C) sale; increase D) purchase; decrease
North Korea has ____________ the process of globalization, while South Korea has _______________ it. A likely result of this is that South Koreans have a much ______________ standard of living than North Koreans
A) embraced; avoided; higher B) embraced; avoided; lower C) avoided; embraced; lower D) avoided; embraced; higher
Over the last 20 years, American APS has
A. never been above 0.1. B. sometimes been above 0.1. C. usually been above 0.1. D. always been above 0.1.