In 1943-1945

Multiple Choice

In 1943-1945

A) there was substantial unemployment in the U.S.
B) there was substantial excess plant and equipment in the U.S.
C) the U.S.had not yet completed its recovery from the depression.
D) we were temporarily operating at a point beyond our production possibilities frontier.
The unemployment rate was at less than 2% from 1943-1945.