Internal improvements are important to a developing and growing economy. Indicate whether the statement is true or false ANSWER TRUE
Date: September 10th, 2020
The Sherman Antitrust Act of 1890 was followed almost immediately in the 1890s by the largest merger movement ever known by Americans up to that point in U.S. history. Indicate whether the statement is true or false ANSWER TRUE
Date: September 10th, 2020
In the United States there were legal reserve requirements on time and savings deposits during most of the post-World War II period. Therefore, the money multiplier for the M1 definition was a. smaller when time and saving deposits increased. b. smaller when time and saving deposits were assumed to be fixed. c. larger when time […]
Date: September 10th, 2020
Research in history and economic history shows that before 1880, significant federal participation in the markets of the American economy occurred. Indicate whether the statement is true or false ANSWER FALSE
Date: September 10th, 2020
As the transportation system developed in the U.S., urbanization occurred. Indicate whether the statement is true or false ANSWER TRUE
Date: September 10th, 2020
In the pivotal Supreme Court decision Munn v Illinois (1877), the court held that only natural monopolies were subject to federal government regulation. Indicate whether the statement is true or false ANSWER TRUE
Date: September 10th, 2020
Commercialization, market growth and factories emerged in rural areas. Indicate whether the statement is true or false ANSWER FALSE
Date: September 10th, 2020
If the Federal Reserve simultaneously sells government bonds in the open market and raises reserve requirements, the a. money supply will increase. b. money supply will decrease. c. money supply will stay the same. d. two tools will work against one another and the net effect on the money supply is uncertain. ANSWER B
Date: September 10th, 2020
According to Alfred Chandler (1977), big business could be justified, at least in part, by the ability of large scale enterprises to take advantage of scale economies. Indicate whether the statement is true or false ANSWER TRUE
Date: September 10th, 2020
The benefits of urbanization include: crime, pollution, increased taxation and congestion. Indicate whether the statement is true or false ANSWER FALSE
Date: September 10th, 2020
