Between 1929 and 1933, the Federal Reserve system allowed the country's money supply to decline by what percentage?
a.

17

c.

32
b.

27

d.

39

Question

Between 1929 and 1933, the Federal Reserve system allowed the country's money supply to decline by what percentage?
a.
	
17
	
c.
	
32
b.
	
27
	
d.
	
39

anonymous · Answer

Are those your only choices? According to "Monetary Failures of the Great Depression" By Terrance L. Chapman it would be either 33% or 36% or http://www.digitalhistory.uh.edu/disp_textbook.cfm?smtID=2&psid=3432 says the Real Money Supply Declined by 27%, it's in paragraph 10