From 1929 to 1933 expenditures on fixed investment, consumer durable goods, and housing all declined in constant dollars by at least
A)5%.
B)10%.
C)25%.
D)50%.

Question

Quizplus · Accepted Answer

During the Great Depression, from 1929 to 1933, expenditures on fixed investment, consumer durable goods, and housing declined significantly, with reductions often exceeding 50% in constant dollars.

From 1929 to 1933 Expenditures on Fixed Investment, Consumer Durable