According to the 1860 census, the top employer in manufacturing was the _______ industry.
a. boots and shoes
b. cotton textile
c. flour and meal
d. iron
Question 2
The drop in unemployment from over 11 percent in 1939 to roughly 1 percent in 1944:
a. has been attributed by Keynesians as a validation of larger deficits as a solution to unemployment.
b. has been attributed by Monetarists as a validation that a large increase in the money supply would cure the depression.
c. has been acknowledged as a success in Keynesian policies, with the caveat that inflation was only averted through price controls.
d. All of the above are correct.
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Indian Wars, 1860–1890
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