As unemployment rose during 1930 through 1932 and the economy plunged into the Great Depression, policy makers
a. reduced tax rates and increased the money supply.
b. increased tax rates and reduced the money supply.
c. increased both tax rates and the money supply.
d. reduced both the tax rates and the money supply.
B
Economics
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The short-run aggregate supply curve shows how ________ cause output to rise
A) increases in inflation B) decreases in unemployment C) decreases in nominal interest rates D) all of the above E) none of the above
Economics
Gross Domestic Product is a monetary measure of
a. total consumption in the economy. b. the total value of all final goods and services. c. total industrial output. d. the total value of all foreign sales and purchases.
Economics