Multiple Choice
If we compare the Great Depression with the Great Recession, we see that
A) the Great Recession was more severe but of much shorter duration than the Great Depression
B) unemployment reached 24% in the Great Depression but only 12% in the Great Recession
C) both economic downturns were the result of a major stock market crash
D) the policy responses to the Great Recession were much more immediate and massive than the responses to the Great Depression
E) all of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Which of the following is FALSE?<br>A)in 1929,
Q2: Which of the following occurred in the
Q4: One of the assertions that Keynesians make
Q5: In the early 1930s interest rates were
Q6: According to the Keynesians, the Great Depression
Q7: The Great Recession officially lasted from<br>A)1929-45<br>B)1930-35<br>C)1981-82<br>D)2007-09<br>E)2008-11
Q8: Inflation-adjusted home prices in the U.S.<br>A)experienced huge
Q9: The initial response of the Federal Reserve
Q10: What does U6, a broad measure of
Q11: Which of the following did NOT happen