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

Answer 1

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