Which of the Following Contributed to the Severity of the Great

Multiple Choice

Which of the following contributed to the severity of the Great Depression?

A) the substantial budget surpluses run during the Hoover administration
B) a sharp increase in tariff rates in 1930
C) the large reduction in tax rates under the Hoover administration
D) a highly expansionary monetary policy followed by the Fed in the late 1920s and early 1930s