Recall the Application About the Factors Involved in Causing Recessions

question 145

Multiple Choice

Recall the Application about the factors involved in causing recessions, and the causes of recessions in the United States from 1893 to 1990 to answer the following question(s) .
-According to this Application, the recession of 1929 was primarily due to

• A) a decrease in aggregate demand caused by the private sector.
• B) a decrease in aggregate demand resulting from decreases in government spending.
• C) a decrease in aggregate supply due to rising gold prices.
• D) an increase in aggregate supply resulting from European bank collapses.

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Definitions:

Confronting Conflicts

The act of directly addressing disagreements or disputes in a constructive manner.

Sustained Responsibility

The ongoing obligation or commitment to carry out certain tasks or duties over a prolonged period.

Moral Reasoning

The process by which individuals make decisions about what is right and wrong, based on ethical principles and moral codes.

Carol Gilligan

A psychologist and ethicist known for her work in gender studies and moral development, notably criticizing Lawrence Kohlberg's stages of moral development as male-biased.