Passed in 1950, the McCarran Act

question 19

Multiple Choice

Passed in 1950, the McCarran Act

• A) Required communists to register with the government
• B) Revoked the passports of those suspected of communist sympathy
• C) Established provisions for setting up concentration camps for subversives
• D) All of the above

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Definitions:

Open a Business

The process of establishing a new commercial enterprise or venture to sell goods or services.

Sticky-Wage Theory

An economic theory that proposes wages tend to adjust more slowly to changes in the economy, affecting employment and labor market dynamics.

Short-Run Aggregate Supply Curve

Represents the relationship between the total production of goods and services at different price levels in an economy, assuming some inputs are fixed.

Price Level

A measure of the average of current prices across the entire spectrum of goods and services produced in the economy, often used to gauge inflation.