Which of the following is least accurate about the US during World War I?
a. The armed forces increased from about 180,000 to 3 million.
b. Soldiers were obtained through volunteer army and without a draft.
c. Many new agencies were started to regulate prices.
d. The US was a formal participant in the war for only 19 months.
b. Soldiers were obtained through volunteer army and without a draft.
Economics
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Economists assume that households try to maximize utility and firms try to:
a. maximize profits. b. maximize scale of operation. c. maximize sales. d. maximize capital usage.
Economics
The New York Federal Reserve Bank
a. president always gets to vote at the FOMC meetings. b. conducts open market transactions. c. is one of 12 regional Federal Reserve Banks. d. All of the above are correct.
Economics