Which of the following did NOT happen during the Great Depression?
A) U) S. unemployment reached 24 percent
B) many countries imposed high tariffs causing a decline in world trade
C) almost every country in the world suffered from a deep recession
D) U) S. unemployment did not fall below 5 percent until the U.S. entered World War II
E) the U.S. government quickly cut taxes causing federal budget deficits to increase sharply
Correct Answer:
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Q40: Which of the following did NOT happen
Q41: About how much of its value did
Q42: In the early 1930s interest rates were
Q43: During which year of the Great Depression
Q44: The monetarist explanation of the Great Depression
Q45: If you had $10,000 invested in the
Q46: According to the Keynesians, the Great Depression
Q47: Which of the following did NOT happen
Q49: Which of the following is FALSE?
A)in 1929,
Q50: Which of the following is TRUE?
A)during the
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