Which of the following was most responsible for bringing the Great Depression to an end?
a. the increase in industrial demand due to the military build-up prior to World War II
b. the expansionary monetary policy of the Fed during the 1930s
c. the New Deal policies that expanded government spending, stimulated demand, and increased output
d. the increase in import tariffs that saved jobs and expanded total employment
A
Economics
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A sum of $10,000 is deposited in a bank. Consider two situations: the bank offers an annual rate of interest of 10% and the bank offers an annual rate of interest of 15%. Compare the time value of money generated in both cases after:
a) one year. b) five years.
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The benefits principle states that the users of a service should pay for that service
a. True b. False Indicate whether the statement is true or false
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