n n n n n n n n
Macroeconomics 12th Edition by Slavin CH01
n n n n n
ANSWERS ARE LOCATED IN THE SECOND PART OF THIS DOCUMENT
n n n n n n n n n
MULTIPLEnCHOICEn-
nChoosenthenonenalternativenthatnbestncompletes nthenstatementnorn
answersnthenquestion.
1) ThenSocialnSecuritynprogramnbegannduringnthenadministrationnof
1)nn
A) FranklinnD.nRoosevelt.
B) HarrynS.nTruman.
C) DwightnD.nEisenhower.
D) JohnnF.nKennedy.
QuestionnDetails
AACSBn:nReflectivenThinkingnAcce
ssibilityn:nKeyboardnNavigationnBloo
m'sn:nRemember
Difficultyn:n1nEasy
LearningnObjectiven:n01-02nDescribentheneffectnofnthenGreatnDepressionnonnourneconomynandnevaluatenth
2) Duringnthen19thncentury,nthengreatnabundancenofnlandncomparedntonthenavailabilitynofnlabor
2)nn
A) attractednmillionsnofnimmigrants.
B) encouragednearlynmarriagenandnlargenfamilies.
C) encouragednrapidntechnologicalndevelopment.
D) Allnofnthesenarentrue.
QuestionnDetails
AACSBn:nReflectivenThinkingnAcce
ssibilityn:nKeyboardnNavigationnBloo
m'sn:nRemember
Difficultyn:n1nEasy
LearningnObjectiven:n01-01nSummarizenAmerica'sneconomicndevelopmentninnthen19thncentury.
3) Whichnofnthenfollowingnisntrue?
3)nn
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Macroeconomics 12th Edition by Slavin CH01
n n n n n
A) ThenJapanesenrebuiltntheirneconomynafternWorldnWarnIInbynsellingnitsngoodsntontheirno
wnnrapidlyngrowingnpopulation.
B) SlownU.S.npopulationngrowthninnthen19thncenturynforcednAmericannfarmersnandn
manufacturersntonseeknforeignnmarketsntonpropelnitsnrapidneconomicngrowth.
C) ThenJapanesenrebuiltntheirneconomynafternWorldnWarnIInbyntargetingnthenlargenU.S.n
market,nwhilentheirnownnmarketnremainednlargelynclosedntonU.S.nmanufacturedngoods.
D) America'snrapidnpopulationngrowthninnthen19thncenturynslowednitsneconomicngrowth
rate.
QuestionnDetails
AACSBn:nReflectivenThinkingnAcce
ssibilityn:nKeyboardnNavigationnBloo
m'sn:nRemember
Difficultyn:n1nEasy
LearningnObjectiven:n01-03nDiscussnthenimpactnofnWorldnWarnIInonnourneconomy.
4) ThencompletionnofnthenAmericannnationalnrailroadnnetworkninnthensecondnhalfnofnthen19thnc
enturynledntonallnofnthenfollowingnEXCEPT
4)nn
A) enablingnmanufacturersntonsellntheirnproductsnallnovernthencountry.
B) massnconsumption.
C) increasednpricesnofngoodsnsold,nwhichnledntonmoreninvestmentsnandnmorenjobs.
D) highernwages.
QuestionnDetails
AACSBn:nReflectivenThinkingnAcce
ssibilityn:nKeyboardnNavigationnBloo
m'sn:nRemember
Difficultyn:n1nEasy
LearningnObjectiven:n01-01nSummarizenAmerica'sneconomicndevelopmentninnthen19thncentury.
5) Thenperiodicnpost–WorldnWarnIIneconomicndownturnsnhavenbeenntermed
5)nn
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n n n n n n n n
Macroeconomics 12th Edition by Slavin CH01
n n n n n
A) recessions.
B) depressions.
C) prosperities.
D) expansions.
QuestionnDetails
AACSBn:nReflectivenThinkingnAcce
ssibilityn:nKeyboardnNavigationnBloo
m'sn:nRemember
Difficultyn:n1nEasy
LearningnObjectiven:n01-03nDiscussnthenimpactnofnWorldnWarnIInonnourneconomy.
6) Thenboomninn20th-centurynoutputnfollowingnWorldnWarnInisnknownnas
6)nn
A) thenagenofnagriculture.
B) thenCivilnWarneffect.
C) thenRoaringnTwenties.
D) thenGreatnDepression.
QuestionnDetails
AACSBn:nReflectivenThinkingnAcce
ssibilityn:nKeyboardnNavigationnBloo
m'sn:nRemember
Difficultyn:n1nEasy
LearningnObjectiven:n01-03nDiscussnthenimpactnofnWorldnWarnIInonnourneconomy.
7) Betweenn1939nandn1944nthenU.S.nnationalnoutput
7)nn
A) remainednthensame.
B) nearlyndoubled.
C) nearlyntripled.
D) nearlynquadrupled.
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n n n n n n n n
Macroeconomics 12th Edition by Slavin CH01
n n n n n
QuestionnDetails
AACSBn:nReflectivenThinkingnAcce
ssibilityn:nKeyboardnNavigationnBloo
m'sn:nRemember
Difficultyn:n1nEasy
LearningnObjectiven:n01-02nDescribentheneffectnofnthenGreatnDepressionnonnourneconomynandnevaluatenth
8) ThenworstnrecessionnsincenWorldnWarnIInstartedninnwhichnyear?
8)nn
A)n 1957
B)n 1973
C)n 1981
D)n 2007
QuestionnDetails
AACSBn:nReflectivenThinkingnAcce
ssibilityn:nKeyboardnNavigationnBloo
m'sn:nRemember
Difficultyn:n1nEasy
LearningnObjectiven:n01-04nListnandndiscussnthenmajornrecessionsnwenhavenhadnsincenWorldnWarnII.
9) ThenofficialnunemploymentnratenduringnthenGreatnDepressionnpeakednat
9)nn
A) 5npercent.
B) 10npercent.
C) 25npercent.
D) 50npercent.
QuestionnDetails
AACSBn:nReflectivenThinkingnAcce
ssibilityn:nKeyboardnNavigation
LearningnObjectiven:n01-
02nDescribentheneffectnofnthenGreatnDepressionnonnourneconomynandnevaluatenthnBloom'sn:nUnderstand
Difficultyn:n2nMedium
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