In the early years of the American Great Depression, what percent of banks failed in the United States? a) over 80% b) around 50% c) less than 10% d) about 25%

MACROECONOMICS
14th Edition
ISBN:9781337794985
Author:Baumol
Publisher:Baumol
Chapter13: Monetary Policy: Conventional And Unconventional
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In the early years of the American Great Depression, what percent of banks failed in the United States?
a)
over 80%
b) around 50%
c)
less than 10%
d) about 25%
Transcribed Image Text:In the early years of the American Great Depression, what percent of banks failed in the United States? a) over 80% b) around 50% c) less than 10% d) about 25%
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