According to Robert Higgs,
A) World War II was a period of unique prosperity.
B) World War II was a period of continued depression that did not end until after the war.
C) measures of GDP during World War II are understated.
D) civilian consumption of most items actually rose during World War II.
Correct Answer:
Verified
Q5: Which U.S. President was in office for
Q6: In 1940, civilian purchases of goods and
Q7: Between 1940 and 1944, real Federal spending
Q8: Economists such as James Tobin and Paul
Q9: To mobilize resources in WWII, the United
Q11: Which of the following statements about labor
Q12: Forms of federal taxation used to finance
Q13: What was the least important method of
Q14: In 1940, federal government purchases of goods
Q15: The wage and price controls of the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents