A major force leading the U.S. economy to full employment after the Great Depression was
a. higher interest rates.
b. higher reserve requirements.
c. government spending for World War II.
d. automobile production.
c. government spending for World War II.
Economics
You might also like to view...
Bob's Funky T-shirts began the year with 1,000 shirts in inventory, produced 10,000 shirts during the year and ended the year with 1,100 shirts in inventory. The 100 shirts added to his inventory will be classified as
A) consumption expenditure. B) investment. C) net exports of goods and services. D) exports of goods and services. E) nondurable consumption goods.
Economics
To earn the greatest possible profit, a firm must:
A. maximize revenue less cost. B. minimize revenue less cost. C. maximize quantity at any price. D. maximize price at any quantity.
Economics