Author Question: Even though reliable data is lacking, the Beard-Hacker Thesis maintains that the Civil War ... (Read 68 times)

joesmith1212 · **on:** Jun 30, 2018

Even though reliable data is lacking, the Beard-Hacker Thesis maintains that the Civil War (18611865)

(a) was more costly to the South than to the North.
(b) ended Southern prosperity through the abolition of slavery.
(c) increased immigration to the U.S.
(d) sped up the industrialization of the U.S.

Question 2

According to the supply-side economists, a cut in the marginal income tax rate would cause

a. labor supply to rise, output to rise, and the price level to fall.
b. labor supply to rise, the price level to rise, and output to fall.
c. labor supply to fall, the price level to rise, with output unchanged.
d. labor supply to rise, the price level to fall, with output unchanged.