The 1937 Economic Slump Was Caused in Part by

question 18

Multiple Choice

The 1937 economic slump was caused in part by

• A) a sharp decrease in government spending.
• B) a sharp rise in private spending.
• C) the huge government deficit.
• D) the repeal of the Revenue Act of 1935.
• E) the announcement that Social Security payroll taxes would be postponed.

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