Question

Who used macroeconomics analysis to understand the problem of unemployment during the great depression

Answer 1

Answer:

Explanation:

Dj

Answer 2

Answer:

The Great Depression resulted in lasting changes in the domestic and international monetary regime that substantially weakened the gold standard, increased political control of monetary policy, and created new opportunities to monetize government debt, all of which gave monetary policy an inflation bias.

Explanation:

the surface, World War II seems to mark the end of the Great Depression. During the war, more than 12 million Americans were sent into the military, and a similar number toiled in defense-related jobs. Those war jobs seemingly took care of the 17 million unemployed in 1939.

Roosevelt Administration gold standard

At the beginning of 1933, during the last few weeks of Hoover's term, the American financial system was paralyzed. The Great Depression had been extended by the interventionist policy for four years.