According to economist John Maynard Keynes and U.S. Treasury official Harry Dexter White, which of the following was one of the conditions that had helped to produce and prolong the Great Depression of the 1930s?
A. the shortage of production of gold in the U.S.
B. the lack of a standard for determining the value of national currencies
C. the dereliction of the code of conduct by IMF member states
D. the lack of demand for the gold in national treasuries
B
You might also like to view...
For federal income tax purposes, expenditures for capital improvements (enhancements) for income-producing properties are:
A: Deductible in the year incurred, but only to the extent of rental income received; B: Added to the cost basis of the property; C: Deductible at the rate of $1,000 per year; D: Not depreciable under any circumstances.
A company with a strong position in a market will try to encourage routine response problem solving for consumers who have a need that can be met by the company's product
Indicate whether the statement is true or false