Multiple Choice
Which of the following conditions during 2008-2009 most closely paralleled the economic conditions of the Great Depression?
A) record-high unemployment rates for a period of many years
B) a sharp and prolonged contraction in the money supply
C) significant increases in taxes and trade restrictions in order to counter budget deficits
D) frequent policy changes that generated an unstable and unpredictable economic climate
Correct Answer:
Verified
Correct Answer:
Verified
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