According to monetarists, the Great Depression in the United States largely resulted from:
A. contractionary fiscal policy.
B. excessive imports relative to exports.
C. significant changes in technology and resource availability.
D. inappropriate monetary policy.
D. inappropriate monetary policy.
You might also like to view...
As products become less differentiated:
A. consumers are less willing to switch in response to price changes and competition becomes more intense. B. consumers are more willing to switch in response to price changes and competition becomes more intense. C. consumers are less willing to switch in response to price changes and competition becomes less intense. D. consumers are more willing to switch in response to price changes and competition becomes less intense.
Fiscal policy analysis indicates that large tax increases during a severe recession will result in
a. an increase in the incentive to earn and the maintenance of a balanced federal budget. b. higher tax revenues and an expansion in government spending. c. smaller budget deficits, which will speed an economic recovery. d. a reduction in aggregate demand and a worsening of the recession.
Subtract the subsidy from the minimum supply price
What will be an ideal response?
Suppose a saver is looking for the opportunity to make a very large return in a very short period of time. Would you recommend diversification for this individual?
What will be an ideal response?