Hoover's approach in solving the problems of the great depression was
a. promising
b. successful
c. overriden
d. unsuccessful

The correct answer is D.

President Hoover (1931-1933) introduced certain measures aiming to boost the economy after the crash, during the initial recession years. His policies were based on austerity purpouses.

He encouraged business owners to prevent wage cuts or staff reductions, in order to stop the fall of production and income levels. He also raised taxes aiming to restore the balance of the national budget. These measures were unsucessful, and only at the end of his presidency he switched and started to implement programs of relief based on increasing public expenditures.

increases in demand are shown by a shift to the right in the demand curve. this could be caused by a number of factors, including a rise in income, a rise in the price of a substitute or a fall in the price of a complement.

which the answer is:

b