The Great Depression of the 1930s
a. confirmed the value of a "hands off" policy for governments.
b. was exacerbated by an expansionary monetary policy.
c. was a worldwide event.
d. continued throughout the 1940s without any interruption.
c
Economics
You might also like to view...
Real business cycle (RBC) theory predicts that the main source of economic fluctuations is represented by
Economics
Which of the following is not a potential problem in using corrective taxation to deal with a negative externality?
a. Measuring the cost of the externality. b. Estimating the supply curve of the externality creator. c. Determining who is responsible for the externality. d. Determining how the tax should be applied.
Economics