When Considering the Magnitude of the Great Depression in Comparison

question 64

Multiple Choice

When considering the magnitude of the Great Depression in comparison to other recessions,the Great Depression

• A) had far higher levels of international trade.
• B) was fairly typical,in terms of its length.
• C) was very short.
• D) was the most severe recession in U.S.history.
• E) only affected a small number of Americans.

---

Definitions:

Statement of Cash Flows

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, dividing activities into operating, investing, and financing.

Statement of Stockholders' Equity

A financial statement that shows changes in the value of a company’s equity over a specified period.

Income Statement

The income statement is a financial document that reports a company's financial performance over a particular period, showing revenues, expenses, and net income or loss.

Financial Statement

A formal record of the financial activities and position of a business, individual, or other entity, typically including income statement, balance sheet, and statement of cash flows.