Which of the Following Statements Is True About the Great

question 105

Multiple Choice

Which of the following statements is true about the Great Depression?

• A) The fall in aggregate demand at the start of the Great Depression began with the collapse consumption because of the decrease in incomes, following the stock market crash of 1929.
• B) The fall in the short-run aggregate supply at the start of the Great Depression began with the collapse in investment.
• C) The fall in aggregate demand at the start of the Great Depression began with the collapse in investment.
• D) The fall in the short-run aggregate supply at the start of the Great Depression began with the collapse in exports because of the passage of Smoot-Hawley Tariff Act of 1930 which raised tariffs on imported goods.

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Definitions:

Ecological Pyramid

A graphical representation that shows the biomass or bio productivity at each trophic level in a given ecosystem.

Producer Trophic Level

The first level in a food web, comprised of organisms that produce organic materials (usually through photosynthesis) from inorganic substances.

Base

A substance that can accept hydrogen ions (protons) or more generally, donate a pair of valence electrons; in nucleic acids, a nitrogen-containing molecule that forms part of the genetic code.

Denitrifying Bacteria

Bacteria involved in the nitrogen cycle, converting nitrates in soil into nitrogen gas, thereby reducing nitrogen availability to plants.