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During the Great Depression, real GDP decreased, unemployment soared, and the inflation rate was negative. Which would have been the appropriate federal government policy combination to improve economic performance

Respuesta :

The federal government policy that can be effective to increase GDP is the lowering of interest rates and tax cuts.

What is a gross domestic product (GDP)?

The gross domestic product simply means the broad monetary measure of the nation's overall economic activity.

It can be deduced that during the Great Depression, real GDP decreased, unemployment soared, and the inflation rate was negative.

In this case, the federal government policy that can be effective to increase GDP is the lowering of interest rates and tax cuts.

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