The Manipulation of Spending to Influence Aggregate Demand Was First

question 77

Multiple Choice

The manipulation of spending to influence aggregate demand was first put forward because:

• A)the classical view of flexible prices and wages did not necessarily hold in reality.
• B)unemployment often remained stubbornly high for too long during and after a depression.
• C)inflation was extremely high during the Great Depression.
• D)aggregate demand rose too quickly during the Great Depression.
• E)the classical view of flexible prices and wages did not necessarily hold in reality and unemployment often remained stubbornly high for too long during and after a depression.

---

Definitions:

Customer Interests

Preferences, needs, or desires that influence a customer's decision to purchase a product or service.

Marketing Mix

The set of actions, or tactics, that a company uses to promote its brand or product in the market, typically discussed as Product, Price, Place, and Promotion.

Distribution

The process of making a product or service available for the consumer or business user who needs it, including storage, transportation, and delivery.

Place

In marketing, one of the four P's, referring to the distribution or location strategy for making a product or service available to consumers.