Classical economists argue that all workers could have been ...

[mpobi80]

Classical economists argue that all workers could have been employed during the Great Depression if they had been willing to accept falling wages.
 
  But President Hoover and his supporters recommended that hours be cut before wages which increased unemployment. Indicate whether the statement is true or false

Question 2

Extensive agricultural cultivation from 1870 to 1910, as described by Hughes and Cain (2011), meant that
 
  (a) there could be no increase in agricultural output per man hour.
  (b) the percentage increase in acreage under cultivation and the percentage increase
  in agricultural output was roughly the same.
  (c) the proportion of the labor force in agriculture steadily increased.
  (d) all of the above were true.

[ong527]

Answer to Question 1

True

Answer to Question 2

(b)