During the Great Depression years, 1930-1933, the currency ratio c rose dramatically. What do you think happened

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During the Great Depression years, 1930-1933, the currency ratio c rose dramatically. What do you think happened to the money supply? Why?

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Economics of Money, Banking and Financial Markets

ISBN: 978-0321598905

9th Edition

Authors: Frederic S. Mishkin

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Question Posted: Aug 12, 2012 04:27 AM

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During the Great Depression years, 1930-1933, the currency ratio c rose dramatically. What do you think happened

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The money supply fell sharply because when c rose the...View the full answer

Economics of Money, Banking and Financial Markets

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