The Largest Single Shock to Aggregate Demand in U

question 103

Multiple Choice

The largest single shock to aggregate demand in U.S.history occurred in the early 1930s.What was it?

• A) the Dust Bowl
• B) the steep fall in capital investment
• C) unemployment rate rising to 20%
• D) a one-third drop in the money supply

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Definitions:

Capital Investment

Funds spent by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.

Greenhouse Gases

Gases that trap heat in the atmosphere, contributing to global warming and climate change.

ISO 14064

An internationally recognized standard providing tools for quantifying, monitoring, reporting, and verifying greenhouse gas (GHG) emissions and removals.

GRI Framework

Global Reporting Initiative framework; a standard for sustainability reporting that organizations can use to measure and communicate their economic, environmental, and social performance.