Author Question: Between 1860 and 1914, the growth rate in industrial production (a) fell behind the growth in the ... (Read 42 times)

Mr.Thesaxman · **on:** Jun 30, 2018

Between 1860 and 1914, the growth rate in industrial production

(a) fell behind the growth in the overall U.S. population.
(b) outpaced the growth rates in the labor force and population.
(c) was less than the growth rate in agricultural production.
(d) fell behind both the growth rate in agricultural production and that of the overall U.S. population.

Question 2

If the money supply is 1 billion, the reserve requirement is 10, and currency holding 50 million, then reserves are

a. 50 million.
b. 100 million.
c. 20 million.
d. 40 million.
e. none of the above