Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
Q61: Figure 33-11. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 33-11.
Q62: Pessimism<br>Suppose the economy is in long-run equilibrium.
Q63: Figure 33-10. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 33-10.
Q64: Which of the following would cause prices
Q65: Figure 33-8. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 33-8.
Q67: The price level rises in the short
Q68: Consider the exhibit below for the following
Q69: Other things the same,an increase in the
Q70: Pessimism<br>Suppose the economy is in long-run equilibrium.
Q71: In the short-run an increase in the