Why do you think the given statment is true


Problem

1. Many of the expansionary periods during the twentieth century occurred during wars. Why do you think this is true?

2. In the 1940s, you could buy a soda for 5 cents, eat dinner at a restaurant for less than $1, and purchase a house for $10,000. From this statement, it follows that consumers today are worse off than consumers in the 1940s. Comment.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why do you think the given statment is true
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