When the economy hit the bottom in 1933:O the national output was one third lower than it had been in August 1929O there was about 25% unemploymentthere was large scale homelessnessall of the above

The great depression started from 1929 and showed its effects till some years. It was caused mainly…

When the economy hit the bottom in 1933: O the national output was one third lower than it had been in August 1929 there was about 25% unemployment O there was large scale homelessness O all of the above

When the economy hit the bottom in 1933: O the national output was one third lower than it had been in August 1929 there was about 25% unemployment O there was large scale homelessness O all of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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When the economy hit the bottom in 1933:
O the national output was one third lower than it had been in August 1929
O there was about 25% unemployment
there was large scale homelessness
all of the above

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