During the Great Depression,aggregate demand in the U.S.economy decreased.As a result,the unemployment rate ________ and the price level ________.
A) decreased; increased
B) remained unchanged; increased
C) increased; remained unchanged
D) remained unchanged; remained unchanged
E) increased; decreased

Question

Quizplus · Accepted Answer

During the Great Depression, the decrease in aggregate demand led to higher unemployment rates and a decrease in the price level due to reduced economic activity and deflationary pressures.

During the Great Depression,aggregate Demand in the U