Economists often examine GNP to estimate changes in the well being of people. If one only studied GNP, which of the following would lead one to underestimate the true increases in peoples' well being?
a. Increasing average hours of work.
b. Decreasing life expectancy.
c. Increasing levels of pollution.
d. Increasing amounts of production in the home.
Question 2During the Civil War years,
a. the slight stimulus to manufacturing was startling.
b. iron production for both small arms and railroads increased rapidly.
c. production of boots and shoes in Massachusetts nearly doubled.
d. Both b and c are correct.
Question 3Economists often examine GNP to estimate changes in the well being of people. If one only studied GNP, which of the following would lead one to overestimate the true increases in peoples' well being?
a. Decreasing average hours of work
b. Increasing life expectancy
c. Decreasing levels of pollution
d. Decreasing amounts of production in the home
e. Increases in product quality
Question 4In the North, the Civil War:
a. led to increased output of boots and shoes.
b. led to increased output of iron for railroads.
c. increased textile mill production to capacity.
d. was accompanied by a relatively low unemployment rate.
e. All of the above.
Question 5Which of the following most accurately describes the changes in the heights of adult, white males?
a. Since 1700, heights have increased steadily.
b. There were small cyclical changes in height until about 1900, and since then heights have increased very rapidly.
c. During the history of the US heights have been relatively constant.
d. Height increased substantially until shortly after the Civil War, and has been relatively stable since then.
Question 6The best description of US economic growth during the 1800s is:
a. The annual growth rate for the 20 years preceding the Civil War was about the same as the annual growth rate from 1870-1899 while the growth rate during the Civil War was higher than either period.
b. The annual growth rate for the 20 years preceding the Civil War was lower than the annual growth rate from 1870-1899
c. The annual growth rate for the 20 years preceding the Civil War was greater than the annual growth rate from 1870-1899
Question 7What variable has been shown to be highly correlated with nutrition, disease, and income, and is increasingly being used by economists to measure the well being of people?
a. Height.
b. Weight.
c. IQ.
d. Gender.
Question 8The annual rate of growth of commodity output during the Civil War:
a. held constant from the previous decade.
b. increased by roughly 25 percent.
c. fell by more than 50 percent.
d. None of the above is correct.
Question 9Which statement is most accurate about social indicators in the US between 1950 and 1980?
a. The divorce rate doubled.
b. The suicide rate rose sharply.
c. The murder rate remained relatively constant.
d. The birth rate for unmarried women remained relatively constant.
Question 10The Goldin and Lewis (1975) study of the costs of the Civil War:
a. finds peaceful abolition of slavery would have been more costly than the War.
b. fails to include an estimate for the loss of human capital due to the War.
c. estimates the total cost of the War at more than double national income in 1860.
d. finds Northern property damage to be a major factor in the War's cost.
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