Solved

Economist John Maynard Keynes Noted One of the Main Contributors

Question 13

Multiple Choice

Economist John Maynard Keynes noted one of the main contributors to the Great Depression in the 1930s was:


A) insufficient spending causing below natural rate output.
B) poor infrastructure for manufacturing.
C) a labor market that could not meet the demands of the market at the time.
D) an insufficient agriculture sector, unable to produce enough food for the large US population.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q8: Consumption spending is said to make up

Q9: If the MPC = 0.75 for a

Q10: Which of the following is not an

Q11: The four components of aggregate expenditure (AE)

Q12: If the MPC were to increase from

Q14: If we consider the equation PAE =

Q15: If the MPC is 0.5, and the

Q16: In general economic environments that correspond to

Q17: If the MPC is 0.75, and the

Q18: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6625/.jpg" alt=" Using Figure 3