The Great Depression is thought to have been prolonged and made deeper by
A) contraction of the money supply.
B) the stock market crash.
C) speculative behavior of investors.
D) rapid inflation.
A
Economics
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The perfectly competitive firm's supply curve:
A) coincides with its perfectly elastic demand curve. B) is perfectly inelastic at the market price. C) is the firm's marginal cost curve above the minimum point on the AVC curve. D) is the firm's average total cost curve above the shutdown point.
Economics
Which of the following is TRUE of the Federal Reserve System? I. It was established in the early 1980s. II. It serves as the central bank of the United States
A) I only B) II only C) Both I and II D) Neither I nor II
Economics