The federal spending policies of the Great Depression were ...

[frankwu]

The federal spending policies of the Great Depression were clearly expansionary and helped return the U.S. economy to the low levels of unemployment experienced during the 1920s.
 
  Indicate whether the statement is true or false

Question 2

According to the monetarists,
 
  a. stable growth in the money supply is needed for economic stability.
  b. aggregate demand is unstable, mostly because of unstable investment demand.
  c. there is a need for fiscal policies to stabilize output.
  d. stable money growth is not needed for the economy to be stable.

[izzat]

Answer to Question 1

False (Expansionary fiscal policy did not succeed on either one of these fronts.)

Answer to Question 2

A

[frankwu]

Thanks for the timely response, appreciate it

[bigcheese9]

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