As unemployment rose during 1930 through 1932 and the economy plunged into the Great Depression, policy makers
A) reduced tax rates and increased the money supply.
B) increased tax rates and reduced the money supply.
C) increased both tax rates and the money supply.
D) reduced both the tax rates and the money supply.

Question

Quizplus · Accepted Answer

During the Great Depression, policy makers increased tax rates and reduced the money supply, which worsened the economic situation.

As Unemployment Rose During 1930 Through 1932 and the Economy