According the Keynesian Macroeconomic Model, Which of the Following Was

question 131

Multiple Choice

According the Keynesian macroeconomic model, which of the following was responsible for Starting the Great Depression?

• A)high taxes
• B)decreases in technology
• C)too little private spending
• D)decreases in the quantity of money
• E)too little government spending

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Definitions:

Sales Revenues

The revenue a company earns from selling products or offering services.

Sales Tax Rate

The percentage at which sales tax is levied on the sale of goods and services, varying by jurisdiction and the type of product or service.

Working Capital

The difference between a company's current assets and its current liabilities.

Current Assets

Resources anticipated to be turned into cash, sold, or used up within a year or over the course of an operating cycle, depending on which period is greater.