The Great Depression ended in the United States when

a. the New Deal reforms were initiated by President Roosevelt.
b. deficit spending ended in 1937.
c. the United States returned to the gold standard in 1940.
d. the United States began to mobilize for war in the early 1940s.
e. the German economy suffered hyperinflation in the 1920s.


d

Economics

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By the late 1800s, soft coal miners earned a higher hourly wage than other industrial workers of similar skill levels. The mining wage is an example of

a. wage discrimination. b. a monopsony market. c. a compensating wage differential. d. an efficiency wage.

Economics

A publisher is deciding whether or not to invest in a new printer. The printer would cost $500, and it would increase cash flows by $600 for the next two years. What is the present value of the cash flows from the investment?

a. $1100 b. $541 c. $600 d. $1041

Economics

Consider the monopoly in the figure below with price regulated at $20 per unit. The deadweight loss under the regulated price is:  

A. $1,350. B. $150. C. $2,300. D. There is insufficient information to compute the deadweight loss at the regulated price.

Economics

Pension funds resemble insurance companies by:

A. becoming better investments the longer you live. B. spreading risk. C. accepting deposits. D. pooling the savings of only large investors.

Economics