Which of the Following Did Not Happen During the Onset

question 18

Multiple Choice

Which of the following did not happen during the onset of the Great Depression?

• A)The money supply fell as households took money out of bank deposits.
• B)The Fed conducted expansionary monetary policy.
• C)Stock prices fell about 90 percent.
• D)Disruption of the banking system made it difficult for some firms to obtain funds for investment.

---

Definitions:

Weber

A reference to Max Weber, a German sociologist, philosopher, and political economist known for his theories on bureaucracy, social stratification, and the sociology of religion.

Delegator

A person or entity that transfers certain duties or authority to another, allowing them to act on their behalf.

Article 2

Depending on the context, this could refer to Article 2 of various laws or agreements; often associated with the UCC in the US, governing the sale of goods.

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, designed to standardize and simplify the laws across states.