Do the length and severity of the Great Depression reflect a defect in the operation of markets?

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Do the length and severity of the Great Depression reflect a defect in the operation of markets? Do they reflect a failure of government policy? Discuss.

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Microeconomics Private And Public Choice

ISBN: 9780357134016

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Nov 12, 2023 12:47 AM

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Do the length and severity of the Great Depression reflect a defect in the operation of markets?

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The length and severity of the Great Depression can be seen as reflecting both a defect in the operation of markets and a failure of government policy ...View the full answer

Microeconomics Private And Public Choice

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