Recall Application 2, "Growth Need Not Cause Increased Inequality," to answer the following questions:
-According to the application, what caused the reduction of inequality in the U.S. during World War II?
A) technological growth
B) wage and price controls
C) expansionary monetary policy
D) increased wages of workers in the military
Correct Answer:
Verified
Q113: Recall Application 5, "The Role of Political
Q114: According to growth accounting, which of the
Q115: Q116: If firms in the economy utilize more Q117: If Julie expects that her salary will Q119: If the protection of intellectual property rights Q120: Governments in developing countries can hinder economic Q121: Recall Application 4, "Growth Accounting and Information Q122: One way that the government can encourage Q123: The fast pace of technological progress in
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