Author Question: The Great Depression was made more severe because A) the government lowered tariffs against ... (Read 204 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
The Great Depression was made more severe because
 
  A) the government lowered tariffs against imported goods.
  B) the Federal Reserve increased the money supply after the stock market crashed.
  C) depositors made runs on banks, thereby destroying the banking system in large parts of the nation.
  D) depositors left their money in banks instead of increasing spending, which would have increased GDP.

Question 2

Which of the following situations will arise in the domestic market following the removal of an import quota?
 
  A) imports increase, domestic production increases, prices increase
  B) imports decrease, domestic production decreases, prices increase
  C) imports decrease, domestic production increases, prices decrease
  D) imports increase, domestic production decreases, prices decrease



kingfahad97

  • Sr. Member
  • ****
  • Posts: 308
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

For a complete list of videos, visit our video library