Question

Which of the following characterized the U.S. economy in the decades following the Great​ Depression? A....

Which of the following characterized the U.S. economy in the decades following the Great​ Depression? A. The price level has decreased steadily over time. B. Longerminusrun movements have indicated sustained and steady growth. C. Despite fairly constant​ growth, major economic downturns have produced net negative growth. D. The economy was permanently and irreparably damaged by the events of the Great Depression.

Which of the following characterized the U.S. economy in the decades following the Great​ Depression?

A.

The price level has decreased steadily over time.

B.

Longerminus−run

movements have indicated sustained and steady growth.

C.

Despite fairly constant​ growth, major economic downturns have produced net negative growth.

D.

The economy was permanently and irreparably damaged by the events of the Great Depression.

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Answer #1

Answer : 1) The answer is option A.

In U.S. the Great Depression was started at year of 1929. At this Great Depression time period the price level fall steadily in U.S. As a result, both rich and poor countries were effected. Tax revenue, income, profits and prices has dropped at that time. Therefore, option A is correct.

2) The answer is option A.

In U.S. the Great Depression was started at year of 1929. At this Great Depression time period the price level fall steadily in U.S. As a result, both rich and poor countries were effected. Tax revenue, income, profits and prices has dropped at that time. Therefore, option A is correct.

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