Which of the following does Smiley argue was not an outgrowth of the Great Depression? a. The rise in the welfare state. b. The growth in the regulatory state. c. Increased power to individual states rather than the federal government. Recent scholarship points to which of the following as a "primary" cause of the Great Depression? a. Unstable market economies. b. Lack of government oversight. c. Interference with the gold standard. With the onset of the pandemic and recession of 2020, the Federal Reserve has _____ the monetary base to a bit over _____. a. raised; $4 trillion b. raised; $5 trillion c. lowered; $3 trillion d. raised; $6 trillion e. lowered; $4 trillion From their lows after the recession of 2008-2009, housing prices have since peaked at about: a. $260,000 b. $295,000 c. $300,000 d. $350,000 e. $375,000