Which of the Following Contributed to the Severity of the Great

question 478

Multiple Choice

Which of the following contributed to the severity of the Great Depression in the 1930s?

• A) constant structural changes that created uncertainty and undermined markets
• B) the Fed's policy of rapid monetary expansion during the early 1930s
• C) a reduction in tariffs protecting many U.S. industries
• D) a substantial tax rate reduction, which led to large deficits and high interest rates during the early 1930s