--%>

History of idle capacity during world war

Can someone please help me in finding out the right answer from the following question. Huge idle capacity in the U.S. at the beginning of World War II made: (1) The war costless for United States. (2) U.S. living standards drop more than had all resources been completely employed. (3) Living standards nurture less than had our economy been completely employed. (4) It is possible to very much expand the production of both military and civilian goods between the year 1941 and 1945.

   Related Questions in Econometrics

  • Q : Problem on distributing welfare needs

    According to the need criterion of distribution: (1) The market system most proficiently allots all goods. (2) Government must distribute output in accord with requirement. (3) Wages according to requirement, gain according to greed. (4) People must produce in proport

  • Q : Allocative Mechanisms-The Market System

    I have a problem in economics on Allocative Mechanisms. Please help me in the following question. The market system is an illustration of a/an: (1) Allocative mechanism. (2) Social organization. (3) Political system. (4) Exploitation device.

  • Q : Efficiency of production possibilities

    I have a problem in economics on Efficiency of production possibilities frontier. Please help me in the following question. The production possibilities frontier supposes: (i) Proficient utilization of fixed resources and technology. (ii) A totally ho

  • Q : Problem on combinations of goods The

    The society’s production possibilities frontier exhibits: (1) The varieties of resources accessible. (2) Combinations of goods which an economy can make. (3) Choices devoid of opportunity costs. (4) How production grows as technology progress. (

  • 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 : US production capacity during war Can

    Can someone help me in finding out the right answer from the given options. The economic impact of the World War II on U.S. civilian living standards was: (w) Rigorous since military production skyrocketed. (x) Worse than in almost any other enemy cou

  • Q : Declines in unemployment rates I have a

    I have a problem in economics on Declines in unemployment rates. Please help me in the following question. The Production possibilities frontiers wouldn’t expand outward in response to: (1) Enhanced technology. (2) Expanded investment and saving. (3) Declines in

  • Q : Queuing-Allocative Mechanisms Can

    Can someone help me in finding out the right answer from the given options. Most of the colleges allocate football and basketball tickets by encompassing students wait in long lines beginning at around 6 am on frigid fall mornings. This ineffective allocative mechanis

  • Q : Allocative Mechanisms-Brute Force I

    I have a problem in economics on Allocative Mechanisms. Please help me in the following question. Timmy gives Butch his lunch money every day to keep Butch from giving Timmy black eyes, swirly, and atomic wedgies. Butch preferred allocative mechanism

  • Q : Problem on relative household incomes

    The most complex concepts to exemplify with a graph of a production possibilities frontier would be: (1) Associative prices and opportunity costs. (2) Productive inadequacy and unemployment. (3) Scarcity and choices. (4) Diminishing returns. (e) Assoc