2 years ago

Hoover's measures to deal with the Depression included support for three of the following. Which is the exception?

1 answer:

4 0

The correct answer is letter D.

Explanation: Hoover adopted the behavior typical of a Keynesian textbook after the stock market crash. He immediately cut income tax rates by 1 percent (valid for fiscal year 1929) and began to increase federal spending by 42 percent between the 1930s and 1932 tax years.

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