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In 1933 the unemployment rate was about 25%.This percentage


A) is probably quite accurate because the data on unemployment collected by the federal government was quite good at the time.
B) is probably too high because some people with jobs claimed to be unemployed so ?that they could collect unemployment compensation payments.
C) is probably too low because there were discouraged and underemployed workers.
D) is probably meaningless because the data on unemployment was either very poor ?or nonexistent.

E) A) and B)
F) All of the above

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The depression of the 1930s was


A) the first depression in the nation's history.
B) not the first but the most serious depression in the nation's history.
C) not the first depression in the nation's history and no more serious than some of the others.
D) not as serious as the depressions of the 1840s and 1870s.

E) C) and D)
F) A) and C)

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Present the international views on the forces behind the Great Depression.

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The Great Depression was a global econom...

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Which of the following did not occur during the early years of the Great Depression?


A) Marriage rates fell.
B) Birth rates fell.
C) Divorce rates increased.
D) Actually, all of the above occurred.

E) A) and D)
F) None of the above

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What do the Monetarist and Keynesian economists claim was the main cause of the Great Depression?


A) A contraction in supply
B) A downturn in demand
C) The falling federal deficit
D) All of the above

E) None of the above
F) B) and C)

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