Simon Kuznets:
A) devised the gross national product as a way of measuring a nation's economic output.
B) set up the National Bureau of Economic Research.
C) was Secretary of Treasury during World War II.
D) invented the hair net.

Question

Quizplus · Accepted Answer

Simon Kuznets is credited for devising the gross national product as a measure of a nation's economic output.

Answer: B 
 Simon Kuznets founded the National Bureau of Economic Research in 1920.

Answer: C 
 Simon Kuznets did not serve as Secretary of Treasury during World War II; he primarily worked as an economist and statistician.

Answer: D 
 Simon Kuznets did not invent the hair net; this is a false statement.