When World War II (1941–45) came, the U.S. civilian labor force could be expanded only by about 30 percent

Indicate whether the statement is true or false


True

Economics

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In the above figure, what price will a single-price monopoly set?

A) P1 B) P2 C) P4 D) P5

Economics

A government surplus is

A) when it spends more than its income. B) when it owes more than what it is owed. C) when its income is higher than its spending. D) when it is owed more than what it owes.

Economics

Which of the following terms identifies something that macroeconomists would study but that microeconomists would NOT?

A) incentives B) resources C) rationality D) aggregates

Economics

Inflation is the increase in:

A. total output. B. total output per worker. C. imports relative to exports. D. the general level of prices.

Economics