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Keynes's Motivation in Developing the Aggregate Output Determination Model Stemmed

Question 5

Multiple Choice

Keynes's motivation in developing the aggregate output determination model stemmed from his concern with explaining


A) the hyperinflations of the 1920s.
B) why the Great Depression occurred.
C) the high unemployment in Great Britain before World War I.
D) the high unemployment in Great Britain after World War II.

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