During the Great Depression in the United States between 1929 and 1933, banks'reserve/ deposit ratio ______ and the amount of currency held by the public ____, while the money supply ______.

Question

Quizplus · Accepted Answer

During the Great Depression, banks increased their reserve/deposit ratio due to fear of bank runs, and the public increased their currency holdings for safety, both contributing to a decrease in the money supply.

During the Great Depression in the United States Between 1929