Which of the Following Scientific and Technological Innovations Were Spurred

question 65

Multiple Choice

Which of the following scientific and technological innovations were spurred by World War II?

• A) Synthetic rubber
• B) Radar
• C) Antibiotics
• D) Nuclear weapons
• E) All of the above

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Definitions:

Aggregate Demand Curve

A graphical representation that shows the total amount of goods and services demanded at different price levels in an economy.

Equilibrium Real GDP

The level of Gross Domestic Product at which aggregate supply equals aggregate demand, resulting in no unintended inventory build-up or depletion.

Keynes

An alternate perspective on John Maynard Keynes, highlighting him as a seminal figure whose theories on fiscal policy, investment, and demand management have influence beyond traditional economics.

Cyclical Unemployment

Refers to the unemployment that occurs due to fluctuations in the economy or the business cycle, such as during a recession.