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Author Question: New classical economists like Robert Lucas argue that the Great Depression was primarily caused by ... (Read 76 times)

dejastew

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on: Jun 30, 2018
New classical economists like Robert Lucas argue that the Great Depression was primarily caused by
 
  a. lots of mistaken expectations about the future.
  b. significant falls in investment.
  c. significant falls in the money supply.
  d. significant increases in taxes.
  e. all of the above.

Question 2

Which of the following are not included as a component of national income?
 
  a. Corporate profits
  b. Compensation of employees
  c. Net interest income
  d. Capital gains and capital losses


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janieazgirl

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


dejastew

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

recede

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Reply 3 on: Yesterday
Excellent

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