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    Exam 5: Aggregate supply and demand
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    Which of the Following Was NOT True During the Great
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Which of the Following Was NOT True During the Great

Question 7

Question 7

Multiple Choice

Which of the following was NOT true during the Great Depression?


A) investment as a share of GDP was below 3 percent
B) unemployment averaged about 18.8 percent
C) prices dropped by one-fourth
D) output fell by nearly 30 percent
E) both B and C

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