Among economists today, the most widely accepted cause of the Great Depression is:

A. poor economic policymaking.
B. globalization.
C. wild stock market speculation on Wall Street.
D. Adolf Hitler's election as Chancellor of Germany.

Answer: A

Economics

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The unemployment of some groups, such as low-skill workers, may increase as a result of the imposition of a minimum wage.

Answer the following statement true (T) or false (F)

Economics

As a result of a conviction under the Sherman Antitrust Act, Standard Oil of New Jersey

A. was broken up into many smaller companies. B. was fined for its extensive price discriminating activity. C. was restrained from oil exploration for twenty-five years, which enabled other oil firms to assume leadership in the industry. D. went bankrupt and no longer is in existence.

Economics