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The Monetary Base Increased by 20% During the Contraction of 1929-1933,but

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The monetary base increased by 20% during the contraction of 1929-1933,but the money supply fell by 25%. Explain why this occurred. How can the money supply fall when the base increases?


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Changes

The process or act of making something become different in an essential way, often leading to new directions or conditions.

Anticompetitive Practices

Business strategies or actions that reduce or eliminate competition in a market, often examined and regulated by governmental antitrust agencies.

Monopoly Power

Monopoly power refers to the ability of a single firm or entity to control or dominate an entire market, setting prices and output levels without competition.

Illegal Lobbying

Lobbying activities that violate laws or regulations, often involving corruption or undue influence on government officials.

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