The highest measured rate of unemployment in the United States occurred during
A) the post-WWII years.
B) the Panic of 1893.
C) the Carter administration.
D) the Great Depression.
Question 2
The price rationing mechanism of a freely functioning market leads to the most efficient use of resources because
A) all gains from mutually beneficial trade are captured.
B) the Federal Trade Commission regulates the market.
C) of the rise of the legislative apparatus that supports trade.
D) the Justice Department monitors market activities.
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