The Great Depression of 1929 was worse than the Great Recession of 2009 because in 1929 there were no
A) stock market crashes.
B) government programs to help the unemployed.
C) bank failures.
D) government blunders.
E) falling prices.
Correct Answer:
Verified
Q2: Macroeconomics looks at
A) the performance of the
Q5: In the circular flow of economic life,
Q6: According to the paradox of thrift, when
Q8: Which statement is false?
A) Consumer spending is
Q9: In the circular flow of economic life,
Q11: Input markets determine
A) all prices.
B) loans.
C) outputs.
D)
Q12: Which statement is false?
A) Consumer spending is
Q13: When everybody saves their money, aggregate savings
Q14: In the circular flow of economic life,
Q15: The economist most associated with the "No
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