The Manipulation of Spending to Influence Aggregate Demand Was First

Multiple Choice

The manipulation of spending to influence aggregate demand was first put forward because:

A) the classical view of flexible prices and wages did not necessarily hold in reality.
B) unemployment often remained stubbornly high for too long during and after a depression.
C) inflation was extremely high during the Great Depression.
D) aggregate demand rose too quickly during the Great Depression.
E) the classical view of flexible prices and wages did not necessarily hold in reality and unemployment often remained stubbornly high for too long during and after a depression.