Which of the Following Factors Contributed to the Sharp Reduction

question 66

Multiple Choice

Which of the following factors contributed to the sharp reduction in aggregate demand during the Great Depression?
I. reduction in wealth
II. reduction in net exports
III. a financial crisis that reduced money supply
IV. tax increases

• A) I and III only
• B) I, III, and IV only
• C) I, II, and III only
• D) I, II, III, and IV

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Definitions:

Founder

An individual who establishes and builds an organization or a company from the ground up.

Public Company

A corporation whose shares are publicly traded on stock exchanges, allowing for widespread ownership among general investors.

Advantages

Competitive benefits or strengths that a business has over its competitors, which can be leveraged for success.

Impatience

A lack of patience or an eagerness to act or get results quickly, often without waiting for the natural course of events.