This topic contains a solution. Click here to go to the answer

Author Question: Why did the money supply fall during the Great Depression? a. The monetary base fell throughout ... (Read 33 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
Why did the money supply fall during the Great Depression?
 
  a. The monetary base fell throughout the Great Depression.
  b. The amount of currency fell during the Great Depression.
  c. The ratio of currency/deposits fell during the Great Depression.
  d. The money multipier rose during the Great Depression.
  e. None of the above.

Question 2

Historians are in general agreement that
 
  (a) railroads opened the country and were built at great risk ahead of demand, gambling on the future.
  (b) railroads sharply cut down transportation costs, linking the country together in all directions
  and spurring the nation's growth far in advance of anything that might otherwise have been achieved.
  (c) railroads were the single innovation of the 19th century that created a great leap forward
  in terms of American economic growth.
  (d) none of the above are true.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

abctaiwan

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

C

Answer to Question 2

(d)




ts19998

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Wow, this really help


AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Excellent

 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

For a complete list of videos, visit our video library