Question 1

When World War II (1941-45)came,the U.S.civilian labor force could be expanded only by about 30 percent.

Accepted Answer

A) True 
 B)False

Question 2

During World War II (1941-45),Golden (1990)argues,the opportunity cost of women staying ?at home

Accepted Answer

A)  decreased. 
B)  stayed the same. 
C)  increased. 
D)  cannot be measured. 
A)  decreased. 
B)  stayed the same. 
C)  increased. 
D)  cannot be measured.

Question 3

Bonds sales to finance World War II (1941-45)

Accepted Answer

A)  helped finance the government's current budget deficits. 
B)  helped finance, manage and eventually pay down the private debts accumulated during ?World War I (1914-18). 
C)  were loans the U.S. government made to individuals in its private sector. 
D)  led to higher interest rates and decreased private spending and investment. 
A)  helped finance the government's current budget deficits. 
B)  helped finance, manage and eventually pay down the private debts accumulated during ?World War I (1914-18). 
C)  were loans the U.S. government made to individuals in its private sector. 
D)  led to higher interest rates and decreased private spending and investment.

Question 4

After World War II (1941-45),the U.S.public debt

Accepted Answer

A)  remained unchanged in 1947 even though the government ran a budget ?surplus (government expenditures fell below revenues in 1947). 
B)  continued to rise even though the government ran a budget surplus at times. 
C)  decreased even though the government ran a budget surplus continuously. 
D)  remained high while the government continuously ran deficits. 
A)  remained unchanged in 1947 even though the government ran a budget ?surplus (government expenditures fell below revenues in 1947). 
B)  continued to rise even though the government ran a budget surplus at times. 
C)  decreased even though the government ran a budget surplus continuously. 
D)  remained high while the government continuously ran deficits.

Question 5

What is the "pay-as-you-go" tax policy? Identify its roots in the New Deal Era and World War I?(1914-18).Explain why it is generally acceptable; specifically identify what taxpayers receive in exchange for the taxes paid.What would taxpayers sacrifice if there were no taxes? Hold all else constant.

Accepted Answer

The "pay-as-you-go" tax policy, also kno

Question 6

If the increase in government expenditures of World War II (1941-45)is matched against the decrease in private investment and consumption during the same period,it was the end of World ?War II that officially concluded the depression era,not the start of World War II,according to ?Robert Higgs (2007).

Accepted Answer

A) True 
 B)False

When World War II (1941-45)came,the U.S.civilian labor force could be expanded only by about 30 percent.

During World War II (1941-45),Golden (1990)argues,the opportunity cost of women staying ?at home

Bonds sales to finance World War II (1941-45)

After World War II (1941-45),the U.S.public debt

What is the "pay-as-you-go" tax policy? Identify its roots in the New Deal Era and World War I?(1914-18).Explain why it is generally acceptable; specifically identify what taxpayers receive in exchange for the taxes paid.What would taxpayers sacrifice if there were no taxes? Hold all else constant.

Overseas Empire

Colonial Development

America on the Eve of Revolution

Gaining Independence

Westward Expansion

Population and Labor Force

Law and the Rise of Classical American Capitalism

Transportation, Internal Improvements, and Urbanization

Agricultural Expansion: The Conflict of Two Systems on the Land

The Debate over Slavery

The Early Industrial Sector

The Financial System and the International Economy

Economic Effects of the Civil War

Railroads and Economic Development

Post-Civil War Agriculture

Population Growth and the Atlantic Migration

Industrialization, Entrepreneurship, and Urban Growth

Big Business and Government Intervention

Financial Developments 1863–1914

The Giant Economy and Its International Relations

Labor and the Law

The Command Economy Emerges: World War I

Normalcy”: 1919–1929

The Great Depression

The New Deal

Before the New Frontier: The Postwar Economy

Population, Health, and Labor

Postwar Industry and Agriculture

To the New Millennium and Beyond

Does Our Past Have a Future?

Filters

Exam 26: The “Prosperity” of Wartime

When World War II (1941-45)came,the U.S.civilian labor force could be expanded only by about 30 percent.

During World War II (1941-45),Golden (1990)argues,the opportunity cost of women staying ?at home

Bonds sales to finance World War II (1941-45)

After World War II (1941-45),the U.S.public debt

What is the "pay-as-you-go" tax policy? Identify its roots in the New Deal Era and World War I?(1914-18).Explain why it is generally acceptable; specifically identify what taxpayers receive in exchange for the taxes paid.What would taxpayers sacrifice if there were no taxes? Hold all else constant.

Overseas Empire

Colonial Development

America on the Eve of Revolution

Gaining Independence

Westward Expansion

Population and Labor Force

Law and the Rise of Classical American Capitalism

Transportation, Internal Improvements, and Urbanization

Agricultural Expansion: The Conflict of Two Systems on the Land

The Debate over Slavery

The Early Industrial Sector

The Financial System and the International Economy

Economic Effects of the Civil War

Railroads and Economic Development

Post-Civil War Agriculture

Population Growth and the Atlantic Migration

Industrialization, Entrepreneurship, and Urban Growth

Big Business and Government Intervention

Financial Developments 1863–1914

The Giant Economy and Its International Relations

Labor and the Law

The Command Economy Emerges: World War I

Normalcy”: 1919–1929

The Great Depression

The New Deal

Before the New Frontier: The Postwar Economy

Population, Health, and Labor

Postwar Industry and Agriculture

To the New Millennium and Beyond

Does Our Past Have a Future?

Filters