Macroeconomics 9th Edition by David Colander

Exercise 17

Austrian economist Murray Rothbard has argued that government intervention during 1929 made what could have been a 1-year recession set off by the stock market crash into a 12-year depression.e believed that by creating confusing signals, government intervention kept investors from gaining knowledge of what investments to avoid.
a.s Rothbard's explanation of the Depression consistent with the AS/AD model
b.f one agrees with Rothbard, how would one's proposed policies to deal with recessions differ from those presented in the book (Austrian)