T/F, explanation needed

8. The Great Depression was an economic collapse for all advanced countries at the time.

9. Inflation expectations increased dramatically after Franklin Roosevelt was sworn into office and this increase created an extra hurdle for economic recovery after the Great Depression.

12. Available evidence suggests that provision of liquidity to distressed banks in a banking panic is a poor policy choice because it is a waste of public money.

15. Banks were routinely bailed out during the Great Recession, with a significant cost to the taxpayer.