Multiple Choice
Which of the following best expresses the prevailing thought in 1929 concerning economic depressions?
A) Massive government aid to business is the best way to overcome a depression.
B) Economic downturns are natural and simply must be allowed to run their course.
C) The proper course during a depression is to lower tariff levels and raise taxes.
D) The key to overcoming a depression is to raise interest rates.
Correct Answer:
Verified
Correct Answer:
Verified
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