--%>
Assignment Help - homework help

History of US economy

Shortly prior to the onset of World War II, the U.S. economy: (1) Operated on the edge of its production possibilities frontier. (2) Was slothfully recovering from huge unemployment. (3) Expanded fast to accommodate the electrification and jet flight. (4) Experienced little waste as of idle resources.

Can someone please help me in determining the right answer from the above question.

   Related Questions in Econometrics

  • Q : Diminishing Returns for different kinds

    The Standard economic suppositions recommend that the production possibilities frontiers are concave from beneath [from origin] mainly because: (i) People desire additional units of a good less the more of good they encompass. (ii) The relative produc

    		•
  • Q : Private property and laissez-faire

    Can someone help me in finding out the accurate answer from the following options. The pure capitalism is characterized through: (1) Private property and laissez-faire govt. policies. (2) Business monopolies balanced by the strong labor unions. (3) De

    		•
  • Q : Significant economic roles The ‘mixed

    The ‘mixed economy’ is one which is characterized by: (1) A diverse industrial base employing different applied technologies. (2) Significant economic roles for both private and public sectors. (3) Regional industries with intrastate and inter trade. (4) B

    		•
  • Q : Allocative and distributive decisions

    In countries which rely greatly on centralized decision making most: (i) Main allocative decisions are made by the consumers and business organizations. (ii) Allocative and distributive decisions are made by government. (iii) Nonhuman resources are owned and controlle

    		•
  • Q : War-time capitalism and fascism Private

    Private property ownership however with strong govt. decision-making regarding resource utilization is the characteristic of: (i) War-time capitalism, and fascism. (ii) Communism and Socialism. (iii) Primitive agriculture. (iv) Anarchy and utopianism.

    		•
  • Q : Substantial unemployed capacity Lyndon

    Lyndon Johnson's assurances in the year 1964 that the U.S. could fight the Vietnam War devoid of decreasing civilian living standards or government social programs would be valid merely when our economy began from the position: (1) Of complete employment. (2) With sub

    		•
  • Q : Problem on suppliers or entrepreneurs

    The fundamental issue of how production will be systematized in a market economy is most directly and instantly recognized by: (i) Govt. officials. (ii) Economic fore-casters. (iii) Suppliers or entrepreneurs. (iv) Worker committees. (v) Consumers.

    Q : Market-based economic system I have a

    I have a problem in economics on Market-based economic system. Please help me in getting the accurate answer from the following question. The market-based economic system: (1) Is ‘natural’ as it exists in each and every society. (2) Has do

    		•
  • Q : Free goods Scarcity The government

    The government decision makers in all societies can most simply and safely avoid: (i) Questions regarding "what, how, and for whom?" (ii) Free goods. (iii) The effects of scarcity. (iv) Issues of the income distribution. (v) Economic inefficiency.

    Q : Outward shift of production

    The raise in the quantity of labor for society shown would lead to: (1) An inward shift of the production possibilities frontier. (2) The movement all along the production possibilities frontier. (3) An increased opportunity cost for all the goods. (4

    		•