Business
Business, 03.04.2020 01:56, mayaduke9482

"Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and as a result, financial crisis became very severe, lasted essentially from 1929 to 1933."—Federal Reserve Chairman Ben Bernanke, interview for Time magazine, Dec. 8, 2009 Based on what you know, you can predict that Chairman Bernanke would have favored which of the following in response to the Great Depression?

answer
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"Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was q...

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