During the Great Depression,the U

question 43

Multiple Choice

During the Great Depression,the U.S.aggregate demand curve shifted to the left,in part,because

• A) housing prices increased dramatically.
• B) the U.S.government decreased taxes.
• C) there was a severe decline in stock prices.
• D) the U.S.government increased the supply of money.
• E) there was an increase in the U.S.population.

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Definitions:

Semiannually

Taking place twice annually, often every six months.

Coupon Rate

The annual interest rate paid by a bond, expressed as a percentage of its face value.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, considering all payments and interest.

Semi-Annual Interest

Interest on a loan or security that is calculated and paid twice a year, often resulting in a compounding effect on the total interest earned or owed.