In the early 1930s interest rates were very low and money supply declined sharply.This was mostly the result of

Name: In the early 1930s interest rates were very low and money supply declined sharply.This was mostly the result of
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The decline in money supply during the early 1930s was largely due to a significant number of bank failures and a low demand for credit. These factors contributed to the contraction of the money supply, rather than the direct result of restrictive monetary or fiscal policies.

In the Early 1930s Interest Rates Were Very Low and Money