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Research Has Shown That the Countries That Suffered a Banking

Question 9

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Research has shown that the countries that suffered a banking crisis during the early 1930s


A) had smaller declines in the money supply than did countries that did not suffer a banking crisis.
B) had larger declines in output and employment than did countries that did not suffer a banking crisis.
C) had smaller declines in output and employment than did countries that did not suffer a banking crisis.
D) were located exclusively in Europe.

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