What Does the "Monetarist" Theory Argue Was the Cause of the Stock-Market

question 40

Multiple Choice

What does the "monetarist" theory argue was the cause of the stock-market crash?

• A) The Federal Reserve System's tight monetary policies
• B) Herbert Hoover's insensitivity
• C) The capitalist system's inherent greed for money
• D) Trade unions' high wage demands
• E) The depressed agricultural sector's dragging impact

---

Definitions:

Benefits

Forms of compensation provided to employees or members of a community, which may include health insurance, pensions, grants, or access to services and facilities.

International Monetary Fund

An international financial institution created in 1945 to promote global monetary cooperation, secure financial stability, facilitate international trade, and reduce poverty worldwide.

World Bank

A worldwide finance institution that provides funding and grants to underprivileged countries' governments to help finance capital projects.

World Trade Organization

An international organization that regulates international trade with the aim of ensuring that trade flows as smoothly, predictably, and freely as possible between nations.