The ________ of the U.S.economy during World War II,with its vast defense spending,________ of Keynesian macroeconomics.
A) continued stagnation,established the supremacy
B) continued stagnation,was the demise
C) rapid recovery,established the supremacy
D) rapid recovery,was the demise
Correct Answer:
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Q8: The work of Robert Lucas and Thomas
Q9: The Great Depression of the 1930s opened
Q10: The evolution of macroeconomic theory
A)usually precedes and
Q11: The great failure of activist fiscal policy
Q12: The U.S.inflation of the 1960s was spread
Q14: The _ of the 1968 tax surcharge
Q15: In the late 1950s and early 1960s,postwar
Q16: Before the Great Depression,macroeconomic theory was dominated
Q17: The quantity theory of money idea that
Q18: By the end of the 1960s,fiscal activism
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