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In the Midst of the Great Depression, President Roosevelt in a Radio

Question 178

Multiple Choice

In the midst of the Great Depression, President Roosevelt in a radio address to the nation encouraged everyone to "spend ourselves into prosperity." His advice reflected


A) Say's Law.
B) the expenditure multiplier effect.
C) his view that there should be no saving and no dissaving.
D) the difference between actual aggregate expenditure and planned aggregate expenditure.
E) his view that induced expenditure was less important than autonomous expenditure.

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