Author Question: What explains the nearly universal scope of the Great Depression? What will be an ideal ... (Read 40 times)

Marty · **on:** Jun 30, 2018

What explains the nearly universal scope of the Great Depression?

What will be an ideal response?

Question 2

If real interest rates are equal in two countries, then the nominal interest differential on their currencies will equal

A) the expected inflation differential.
B) the risk premium.
C) the forward premium or discount.
D) Both A and C.

otokexnaru · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

The international gold standard played a central role in starting, deepening, and spreading the Great Depression.

Answer to Question 2

D