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Author Question: All of the following took place during the Great Depression EXCEPT A) an increase in unemployment ... (Read 31 times)

swpotter12

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All of the following took place during the Great Depression EXCEPT
 
  A) an increase in unemployment from about 3.4 percent to about 25 percent and a decrease in real GDP by about 30 percent between 1929 in 1933.
  B) an increase in taxes because of the fear that budget deficits would undermine business confidence.
  C) a fall in the money supply by more than 30 percent.
  D) a rise in inflation during the early 1930s.

Question 2

If the world price for a good is above a nation's pre-trade equilibrium price, then the nation
 
  A) will export the good.
  B) will import the good.
  C) will neither export nor import the good.
  D) cannot gain from trade.
  E) Both C and D.


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ciecieme

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swpotter12

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


ricroger

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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