Multiple Choice
During the Great Depression,thousands of U.S.banks failed.As a result,
A) aggregate demand increased.
B) long-run aggregate supply increased.
C) aggregate demand decreased.
D) short-run aggregate supply increased.
E) short-run aggregate supply decreased.
Correct Answer:

Verified
Correct Answer:
Verified
Q147: Fiscal policy is<br>A) the set of laws
Q148: Based on the belief that prices are
Q149: When U.S.aggregate demand and long-run aggregate supply
Q150: Classical economists stress the importance of aggregate
Q151: A decrease in U.S.housing prices would tend
Q153: The Great Recession is named as such
Q154: When the U.S.aggregate demand curve shifted to
Q155: One of the reasons why the Great
Q156: During the Great Depression,there was a financial
Q157: Keynesian economists believe that the economy is