Multiple Choice
Keynes was especially interested in explaining movements of ________ because he wanted to explain why the Great Depression had occurred and how government policy could be used to increase ________ in a similar economic situation.
A) aggregate output;wages
B) aggregate output;employment
C) wage rates;wages
D) wage rates;employment
Correct Answer:

Verified
Correct Answer:
Verified
Q87: Everything else held constant,changes in the interest
Q88: An appreciation of the U.S. dollar makes
Q89: If aggregated demand is less than actual
Q90: A decrease in interest rates<br>A)increases the value
Q91: Keynes was especially concerned with explaining the<br>A)recession
Q93: In the Keynesian cross diagram,a decrease in
Q94: In the Keynesian cross diagram,an increase in
Q95: In the Keynesian framework,as long as output
Q96: Everything else held constant,if consumption expenditure increases
Q97: Everything else held constant,if total consumption increases