Problem
1. How bad was the Great Depression? What rates of unemployment, deflation, and interest actually existed during the early thirties?
2. List each of the Keynesian propositions and answer the following questions for each proposition:
a. Is this proposition documented in economic theory?
b. Is this proposition documented empirically?
c. Do you agree or disagree with this proposition? Why?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.