The U.S.economy of the late 1920s and early 1930s is typically referred to as ________.
A)"The Great Depression"
B)"The Great Inflation"
C)"The Great Moderation"
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

The U.S. economy of the late 1920s and early 1930s is typically referred to as "The Great Depression". B) "The Great Inflation" refers to the late 1960s and early 1970s when there was a surge in inflation. C) "The Great Moderation" refers to the period of relatively low volatility and stability in the U.S. economy between the 1980s and mid-2000s. D) "All of the above" is incorrect as only option A is correct. E) "None of the above" is incorrect as option A is correct.

The USEconomy of the Late 1920s and Early 1930s Is Typically