What could U.S. policymakers have done to prevent the Great Depression or at least to reduce its
Question:
a. What government or Fed policies might have prevented the stock market crash and bank panics that started the financial crisis?
b. Once the crisis began, what could policymakers have done to dampen the effects on the financial system and economy? Explain.
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a It is hard to think of a policy that could have completely prevented the stock market crash Maybe some restrictions on bank lending for example by l...View the full answer
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