Day: November 16, 2010
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The Economics of Ketchup
Ketchup is the most widely used condiment in the United States. It can be found in 97% of all kitchens, a showing matched only by salt and pepper according to Gidman (2010). Ketchup has been popular in the United States for nearly 200 years and today is consumed by 93% of the population. According the…
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Did Monetary Policy End the Great Depression
“Monetary rather than fiscal policy ended the great depression in the USA” – Is this statement true? Was going off the Gold Stan Introduction The Great Depression initiated in 1929 with the “Black Tuesday” in October initiated a decade of under full employment production that only saw full recovery with the emergence of the Second…