In most industries, deregulation has led to lower prices.

During the Great Depression:

A) By 1933, 25 percent of the nation's workers had lost their jobs. B) output reached its lowest level in 1929. C) the production possibilities curve shifted sharply inward, which explains the drop in output, jobs, and overall prosperity. D) firms increased output but used fewer workers.

Banks create money when they make loans

a. True b. False Indicate whether the statement is true or false