49. Prior to the Great Depression, starting in 1928 A. the Fed conducted an expansionary monetary policy, B. the Fed con

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49 Prior To The Great Depression Starting In 1928 A The Fed Conducted An Expansionary Monetary Policy B The Fed Con 1 (24.26 KiB) Viewed 37 times

49. Prior to the Great Depression, starting in 1928 A. the Fed conducted an expansionary monetary policy, B. the Fed conducted a contractionary monetary policy: C. Congress cut taxes to stimulate the economy. D. the Fed conducted a neutral monetary policy; 50. The revenue act of 1932 A. was passed in part in an effort to help struggling banks by increasing the value of their security holdings: B. enacted as a means of increasing revenue through government borrowing C. was passed even though the budget was balanced D. only increased income tax rates by one percentage point,