In 1943-1945
A. there was substantial unemployment in the U.S.
B. there was substantial excess plant and equipment in the U.S.
C. the U.S. had not yet completed its recovery from the depression.
D. the U.S. was temporarily operating at a point beyond the production possibilities frontier.
D. the U.S. was temporarily operating at a point beyond the production possibilities
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A graph that shows the value of an economic variable for different groups in a population at a given time is called a
A) pie chart. B) cross-section graph. C) scatter diagram. D) time-series graph. E) fixed-time diagram.
Problems for farmers in the last half of the 19th century included
a. falling per capita incomes. b. reduced domestic agricultural output. c. rising prices for consumer goods. d. increased world supply of agricultural products. e. All of the above.
The operating costs of employees, office space, and equipment are some of the important costs of running a bank
a. True b. False Indicate whether the statement is true or false
In 1776, the American Revolution was sparked by anger over
a. the extravagant lifestyle of British royalty. b. the crimes of British soldiers stationed in the American colonies. c. British taxes imposed on the American colonies. d. the failure of the British to protect American colonists from attack by hostile Native Americans.