Most likely, the stock market crash in 1929 was triggered by ________
A) an autonomous tightening of monetary policy
B) an unexpected increase in tax rates
C) the rise of fascist political parties in Europe
D) a decline in consumer spending
A
Economics
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Banking under a system of fractional reserves is a(n)
a. inherently risky business that is unsafe regardless of bank management. b. inherently risky business that is relatively safe under prudent management. c. fairly safe business unless management is irresponsible. d. fairly safe business with no unusual risks.
Economics
In the simplified circular flow diagram, leakage can occur when consumers save some income.
Answer the following statement true (T) or false (F)
Economics