1. What specific numerical evidence would you give to explain why the Great Depression was so...

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Economics

1. What specific numerical evidence would you give to explainwhy the Great Depression was so much worse than the GreatRecession?
2. What is the key side (supply or demand) of the economy forKeynesian economists? What assumption about prices leads them tothe emphasis? What is the key side of the economy (supply ordemand) for classical economists? What assumption about prices leadthem to this emphasis?

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1 Numerical evidence that the Great Depression was so much worse than the Great Recession Great Depression 192933 was far more worse than Great Recession 200810 A recession is defined as decline in economic growth for atleast 2 consecutive quarters Whereas a depression is defined as decline in economic activity for several years There have been more than 30 See Answer

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