The Civil War (1861–1865) was the root of which modern-day belief(s)?
(a) The Thirteenth Amendment of the Constitution, which prohibits slavery and involuntary servitude in the U.S.
(b) The belief that wars can stimulate industrialization.
(c) The belief that wars can effectively mobilize resources, boost employment and heighten production without inflationary consequences.
(d) All of the above.
(a)
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When the price level increases, people demand ________ money and the demand for money curve ________
A) less; shifts rightward B) more; shifts leftward C) less; shifts leftward D) the same amount of; does not shift E) more; shifts rightward
People must make choices because
A) most people enjoy shopping. B) of scarcity. C) there are many goods available. D) the question "What goods and services are produced?" is not adequately answered. E) making choices is in the social interest.