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    Business
  3. Study Set
    Principles of Economics Study Set 11
  4. Exam
    Exam 27: The Great Recession, the Great Depression, and Great Macroeconomic Debates
  5. Question
    During the Great Depression,aggregate Demand in the U
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During the Great Depression,aggregate Demand in the U

Question 3

Question 3

Multiple Choice

During the Great Depression,aggregate demand in the U.S.economy decreased.As a result,the unemployment rate ________ and the price level ________.


A) decreased; increased
B) remained unchanged; increased
C) increased; remained unchanged
D) remained unchanged; remained unchanged
E) increased; decreased

Correct Answer:

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