• Because Hoover insisted that wage rates stay the same, even though the market-clearing wage rate was falling with productivity and general prices, the result was larger and larger unemployment.

    由于胡佛坚持工资不能变,但是随着生产能力整体价格下降市场结清工资早已下调,结果就是失业

    article.yeeyan.org

  • Because Hoover insisted that wage rates stay the same, even though the market-clearing wage rate was falling with productivity and general prices, the result was larger and larger unemployment.

    由于胡佛坚持工资不能变,但是随着生产能力整体价格下降市场结清工资早已下调,结果就是失业

    article.yeeyan.org

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