subject
Business, 05.06.2020 20:58 123iamthe1

The Great Depression was unusual because it was so deep and lasted so long. In fact, it was actually two separate recessions (August 1929 to March 1933, and May 1937 to June 1938). The Great Depression was also characterized by another striking condition: Prices across the economy declined throughout the course of the decade. In fact, at the end of the 1930s, the general price level, as measured by the GDP deflator, was 20% lower than it had been in 1929. Due to the decline in the price level, it is evident that the primary cause of the Great Depression was a decline inaggregate demand. In the figure below, shift the appropriate curve to reflect your answer choice, which would create the outcome of declining prices during the Great Depression.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:50
For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers
Answers: 1
question
Business, 22.06.2019 10:30
What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.
Answers: 1
question
Business, 22.06.2019 11:00
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 1
question
Business, 22.06.2019 11:30
Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above
Answers: 1
You know the right answer?
The Great Depression was unusual because it was so deep and lasted so long. In fact, it was actually...
Questions
question
Mathematics, 22.02.2021 21:30
question
English, 22.02.2021 21:30
question
Mathematics, 22.02.2021 21:30
question
Mathematics, 22.02.2021 21:30
question
Mathematics, 22.02.2021 21:30
question
Chemistry, 22.02.2021 21:30
question
Mathematics, 22.02.2021 21:30
Questions on the website: 13722360