Between 1929 and 1933, as aggregate demand decreased, the unemployment rate increased.

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This is consistent with the economic principle known as Okun's Law, which states that there is an inverse relationship between changes in unemployment and changes in gross domestic product (GDP). When GDP decreases, unemployment increases, and vice versa. This was a key feature of the Great Depression, which lasted from 1929 to 1939, during which time the US experienced a severe contraction of its national economy, leading to high levels of unemployment and economic hardship for many Americans.

Between 1929 and 1933, as Aggregate Demand Decreased, the Unemployment