According to the Monetarists, the Great Depression

question 44

Multiple Choice

According to the monetarists, the Great Depression

• A)was a result of a decline in investment opportunities and there was little that the Fed could have done to avoid the depression
• B)proved that the economy only remains at full employment if the Fed employs active counter-cyclical monetary policy
• C)was the result of the failure of the Fed to prevent bank failures and halt the decline in money supply from 1930 to 1933
• D)was caused by the Fed's insistence that inflation needed to be drastically reduced
• E)all of the above

---

Definitions:

Diaphoresis

Diaphoresis is excessive sweating, often as a result of illness, exercise, or stress.

Pain Assessment Tool

An instrument or method used by healthcare professionals to measure pain and its intensity in patients, facilitating effective pain management.

Descriptor Scale

A tool often used in research or assessment to quantify subjective experiences, such as pain or satisfaction, through a set of predetermined responses.

Numeric Rating Scale

A pain assessment tool where patients rate their pain on a scale, typically from 0 (no pain) to 10 (worst possible pain).