According to the Keynesian view, the prolonged unemployment of the Great Depression:
a. was surprising because Keynesians believed that wage rates would decline and direct the economy to full employment.
b. was surprising because Keynesians believed that lower interest rates would direct the economy to full employment.
c. resulted because the total expenditures on goods and services were less than the full-employment rate of output.
d. resulted because the federal government ran large budget deficits during the 1930s.
Question 2
Absolute advantage is the ability of a country to produce a good with ________ than another country.
a. a lower opportunity cost
b. a higher opportunity cost
c. fewer resources
d. more resources
Oral cavity: (A) sagittal section; (B) anterior view as seen through the open mouth.
Microscopic View of Coleous Shoot
Cut view of long bone.
How to solve angle of depression problems in right triangles
Exterior View of The Temple of Hera I, Poseidonia (Roman Paestum)
Right posterolateral view of articulated vertebrae