Author Question: The total factor productivity of railroads increased dramatically in the antebellum period. All of ... (Read 90 times)

MGLQZ

  • Hero Member
  • *****
  • Posts: 579
The total factor productivity of railroads increased dramatically in the antebellum period. All of the following factors are responsible for the increase in productivity except:
 a. standardization of the gauge of railroad tracks.
  b. the introduction of refrigerated railroad cars.
  c. increased size of railroad cars.
  d. increased use of existing capital.

Question 2

Which of the following quotations, according to chapter 23, best summarizes Keynes conclusions about the lessons of the depression for the nature of capitalism?
 a. It is in determining the volume, not the direction, of actual employment that the existing system has broken down..
  b. An economic system that forgets to find work for millions of men and women, cannot be trusted to perform any task in an intelligent fashion..
  c. The depression is essentially a problem of reliance on a private banking system for the provision of an inherently public good, money..
  d. The rules of sound finance, namely stable prices and balanced budgets, apply as much to the present crisis, as they do in more pleasant times..



chereeb

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

b. the introduction of refrigerated railroad cars.

Answer to Question 2

a. It is in determining the volume, not the direction, of actual employment that the existing system has broken down..



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

For a complete list of videos, visit our video library