During World War II, the economy's production increased about
a. 25 percent and prices rose about 5 percent.
b. 50 percent and prices rose about 10 percent.
c. 75 percent and prices rose about 15 percent.
d. 100 percent and prices rose about 20 percent.
d
Economics
You might also like to view...
Planned investment spending is _____ related to the interest rate and _____.
A. Negatively; expected GDP B. Negatively; existing productive capacity. C. Positively; expected GDP D. Positively; existing productive capacity
Economics
The return on wealth is
A) a stock variable. B) income. C) equal to the opportunity cost of holding capital. D) a stock or flow variable depending upon whether the wealth is in the form of bonds or other financial assets.
Economics