In the North, the Civil War:
a. led to increased output of boots and shoes.
b. led to increased output of iron for railroads.
c. increased textile mill production to capacity.
d. was accompanied by a relatively low unemployment rate.
e. All of the above.
d. was accompanied by a relatively low unemployment rate.
Economics
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The costs of a recession are largely
A) losses to some people but gains to others. B) made up in the subsequent recovery. C) the consequences of falling prices. D) the costs of disappointed expectations. E) welcomed by advocates of zero economic growth.
Economics
Import quotas ________ the price of imported goods and ________ the quantity consumed in the nation imposing the quota
A) raise; increase B) raise; decrease C) lower; increase D) lower; decrease
Economics