Which of the following statements about the interwar period is true?
A) The Great Depression created political pressures for expansionary monetary and fiscal policies.
B) The nineteenth-century globalization of economic activity was sharply reversed.
C) The rules of the Gold Standard obligated central banks to contract the money supply when the country faced a trade deficit.
D) All of the above.
E) None of the above.
Correct Answer:
Verified
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