Keynes Explained That Recessions and Depressions Occur Because of

question 337

Multiple Choice

Keynes explained that recessions and depressions occur because of

• A)excess aggregate demand.
• B)inadequate aggregate demand.
• C)excess aggregate supply.
• D)inadequate aggregate supply.

---

Definitions:

Temporal Lobe

A region of the brain located beneath the lateral fissure on both cerebral hemispheres, involved in processing auditory information and encoding memory.

Frontal Lobe

The part of the brain located at the front of each cerebral hemisphere, responsible for decision making, problem solving, control of purposeful behaviors, consciousness, and emotions.

Occipital Lobe

The rearmost lobe in each cerebral hemisphere of the brain, primarily responsible for processing visual information.

Parietal Lobe

A region of the cerebral cortex involved in processing sensory information regarding the location of parts of the body as well as interpreting visual information and processing language and mathematics.