When World War II (1941-45) came,
A) the labor force expanded by very little despite the high unemployment of 1941.
B) unemployment was still high enough that the armed forces could be expanded and ?war production expanded without a large increase in the labor force.
C) a large increase in the labor force occurred in all categories, including men ?over 65 and women.
D) none of the above occurred.
Correct Answer:
Verified
Q12: The U.S.economy experiences a public debt when
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Q14: Output expanded and was distributed toward wartime
Q15: Residential construction did not return to its
Q16: Keynes (1941)claimed that government spending during wartime
Q18: Unlike World War I (1914-18),the war debt
Q19: If the increase in government expenditures of
Q20: During World War II (1941-45),Engel's law applied.As
Q21: During World War II,the distribution of income
Q22: Bonds sales to finance World War II
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