Economists mostly agree that the Great Depression was principally caused by factors that shifted short-run aggregate supply left.

Question

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Economists mostly agree that the Great Depression was caused by a combination of factors, including monetary contraction, banking crises, and declines in consumer and investor confidence, which affected both aggregate demand and aggregate supply, rather than being primarily due to shifts in short-run aggregate supply.

Economists Mostly Agree That the Great Depression Was Principally Caused