During World War II, price supports for agriculture:
a. were not generally needed because of high demand.
b. were considered by Congress but never enacted.
c. were rescinded in order to encourage reductions in output.
d. led to decreases in the supply of many products.
a. were not generally needed because of high demand.
Economics
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A rise in the money wage rate shifts the
A) AD curve rightward. B) AD curve leftward. C) AS curve rightward. D) AS curve leftward. E) potential GDP curve rightward.
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Why is it important to understand fixed exchange rates in the modern global economy?
What will be an ideal response?
Economics