Question: Read the following statements and answer True False or Uncertain to each with a brief justification for your answers. 1. The major reason the depression

Read the following statements and answer True False or Uncertain to each with a brief justification for your answers. 1. The major reason the depression of the 1930s was so severe and thus earned it the title of Great Depression, was that the declines in stock prices were so severe. 2. The major reason the Great Depression and the recession of 2007 to 2009 differed in intensity and duration was the difference in money-supply behavior in the two episodes. 2. The reason that the recoveries from the Great Depression and the recession of 2007 to 2009 were so sluggish and so protracted is that faulty government pollicis were followed in both.,

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