According to Robert Gordon,what Led to the Decline in Unemployment

question 44

Multiple Choice

According to Robert Gordon,what led to the decline in unemployment in the 1940s?

• A) structural barriers to expanding output and employment disappeared once a sufficiently large increase in aggregate demand had taken place
• B) decline in unionization of the workforce
• C) President Truman moving away from the policies implemented by President Roosevelt
• D) the strengthening of property rights following the end of the New Deal

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Definitions:

Solubility

The ability of a substance (solute) to dissolve into another substance (solvent), forming a solution at a specific temperature and pressure.

Dissolve

To form a solution by mixing evenly with a liquid, causing a solid to become incorporated into the liquid so it becomes homogeneous.

Precipitate

A solid substance that forms in a solution through a chemical reaction and settles out of the solution.

Conduct

To transmit or facilitate the transfer of something, such as electricity or heat, or to carry out a particular action or task.