According to Keynes,aggregate Demand Could Be Too Low in an Economy.What

question 152

Multiple Choice

According to Keynes,aggregate demand could be too low in an economy.What does this mean?

• A) It means there is not enough purchasing power in the economy to maintain stable prices.
• B) It means there are too many of some goods produced and too few of other goods produced.
• C) It means spending in the economy is too low to bring about full employment.
• D) It means that wages may get stuck in a recessionary gap because there is not enough demand (in the economy)to increase them.
• E) none of the above

---

Definitions:

Presenting Concerns

The specific issues or challenges for which an individual seeks help or counseling at the initial stage.

Prospective Members

Individuals who are considered or are considering to become members of a specific group, organization, or institution.

Reference Group

A group that individuals use as a standard for evaluating themselves and their own behavior.

Political Group

An organization or collective of individuals that seeks to influence or participate in governance or policy-making processes.