The post-World War II prosperity (1945–1949) was due in large part to Harry Truman's commitment to maintaining high levels of federal expenditures after World War II (1941–45)

U.S. taxpayers spend many hours during the year maintaining records for tax purposes and preparing their income tax returns. This administrative cost

A) is part of the deadweight loss of taxation. B) is larger for individuals in the lowest income quintile than for individuals in the highest income quintile. C) is equal to the value of consumer surplus associated with the income tax system. D) can be claimed as a deduction on income tax returns.

What causes the aggregate supply curve to have an upward slope in the short run, but a vertical slope in the long run?

What will be an ideal response?