Multiple Choice
At the time of the Great Depression, there was:
A) general agreement that monetary policy could help in the short run.
B) no widely accepted theory of the causes of depressions.
C) general agreement that fiscal policy could help in the short run.
D) a consensus about what economic policies to adopt.
Correct Answer:

Verified
Correct Answer:
Verified
Q183: Nancy believes that the best way to
Q184: Keynesian economics emphasizes _ shifts in aggregate
Q185: Which group of economists disagrees with discretionary
Q186: New classical macroeconomists believe that the short-run
Q187: The set of ideas known as the
Q189: The Great Moderation consensus is that:<br>A) fiscal
Q190: The Great Depression was ended in the
Q191: In the 1970s and first half of
Q192: Scenario: The Quantity Theory of Money Suppose
Q193: Use the following to answer questions: <img