Solved

During World War II,price Controls Were Necessitated as Shortages Emerged

Question 16

Multiple Choice

During World War II,price controls were necessitated as shortages emerged in consumer markets.This required


A) the federal government to ration goods through tickets.
B) the federal distribution of rationing points.
C) a forced reduction in private consumption.
D) all of the above actions.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q11: When World War II (1941-45)came,<br>A) the labor

Q12: According to Robert Gordon (1969,1999),the extraordinary expansion

Q13: Residential construction did not return to its

Q14: Describe the economic consequences associated with the

Q15: The federal government's abilities to tax during

Q17: Discuss Keynes' (1941)views on wartime spending.Highlight the

Q18: During World War II (1941-45),Engel's law applied.As

Q19: What is Engel's law? How does it

Q20: What is rationing? Describe its economic benefits

Q21: Keynes (1941)claimed that government spending during wartime