Unemployment in the post-World War II era (194550) (a) was ...

[Metfan725]

Unemployment in the post-World War II era (194550)
 
  (a) was reduced only because of the post-war decline in the size of the civilian labor force.
  (b) rose above wartime levels, but remained far below the levels of the 1930s.
  (c) rose in response to the decline in civilian consumption levels.
  (d) remained at the low levels achieved in World War II (194145).

Question 2

The assumption of constant velocity is a critical component of the
 
  a. monetarist model.
  b. classical model.
  c. real business cycle model.
  d. new classical model.
  e. all of the above.

[kingdude89]

Answer to Question 1

(b)

Answer to Question 2

E

[Metfan725]

Thanks for the timely response, appreciate it

[ktidd]

Excellent