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Inflation: 0.00%
CCI: N/A
Consumer Price Index: 17.1
GDP: 91.2
GDP per Capita: $6213
Unemployment Rate: 8.67% -
In this time, the interest rates went from 6% to 2.5%
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Federal reserve made several policies that worsened the Great Depression in this time. Had a lot to do with unemployment and GDP. The banks were unstable and not protected by the federal reserve which also worsened the Great Depression
The Discount rates dropped from 4.1% in 1930 to 1.5% in 1935.
The Reserve Ration at this time came to a standstill because of the Depression, but some small experimental rations were tested during this time. -
Doubled federal spending and ramped up federal lending.
Had to do with federal and government spending and it was very weak during this time.
Government spending needed to be ramped up, which meant the money supply would have to be raised higher. Tax revenues also increased during this time period. Most spending was used to help support different programs that were supposed to lead us out of the depression. -
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Inflation: -7.02%
CCI: N/A
Consumer Price Index: 15.9
GDP: 76.5
GDP per Capita: $5691
Unemployment Rate: 15.82% -
Inflation: -10.06%
CCI: N/A
Consumer Price Index: 14.3
GDP: 58.7
GDP per Capita: $4908
Unemployment Rate: 23.53% -
Inflation: -9.79%
CCI: N/A
Consumer Price Index: 12.9
GDP: 56.4
GDP per Capita: $4777
Unemployment Rate: 24.75% -
In this time, the business cycle peaked in March 1933 and then went down to a trough from there.
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Inflation: 2.33%
CCI: N/A
Consumer Price Index: 13.2
GDP: 66.0
GDP per Capita: $5114
Unemployment Rate: 21.60% -
Inflation: 3.03%
CCI: N/A
Consumer Price Index: 13.6
GDP: 73.3
GDP per Capita: $5467
Unemployment Rate: 19.97% -