Which of the Following Is True About the Great Depression

question 98

Multiple Choice

Which of the following is true about the Great Depression?

• A) Following the Great Depression of 1929, the economy did not regain its potential output until the early 1940s when the pressures of WWII sharply increased aggregate demand.
• B) Expansionary monetary and fiscal policies successfully moved the economy from the Great Depression of 1929 within three to five years.
• C) The Great Depression of 1929 was considered to be a normal stage of business cycles.
• D) The Great Depression could be explained by classical economic theory.

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Definitions:

Side-blotched Lizards

A species of lizard known for its color variation and social behavior, often studied for evolutionary biology insights.

Selection

The process by which certain traits become more or less common in a population due to their effect on the reproductive success of their bearers; also referred to as natural selection.

Ecological Intelligence Hypothesis

A theory suggesting that the complex social behaviors and cognitive abilities of organisms, especially humans, evolved as a response to ecological challenges and opportunities.

Social Intelligence Hypothesis

The theory that complex social behavior in animals, including humans, evolved to solve challenges in social environments.