The Great Depression Lasted Longer and Was Deeper Than the Average

question 107

Multiple Choice

The Great Depression lasted longer and was deeper than the average recession,in part,because

• A) the government increased the money supply and reduced interest rates.
• B) the government reduced tax rates and increased spending.
• C) stock prices increased during the Great Depression.
• D) there was a stock market crash at the beginning of the depression.
• E) the government reduced barriers to trade.

---

Definitions:

Error

A discrepancy between a computed or measured value and the true value.

Linear Regression

A statistical method used to model the relationship between a dependent variable and one or more independent variables by fitting a linear equation.

F-Test Statistic

A type of statistical test used to compare the variances of two populations or to test the significance of regression coefficients in a linear regression model.

Sum Of Squares

A statistical technique used to measure the variation or deviation of a set of values from the mean of those values.