Keynes's Motivation in Developing the Aggregate Output Determination Model Stemmed

question 5

Multiple Choice

Keynes's motivation in developing the aggregate output determination model stemmed from his concern with explaining

• A)the hyperinflations of the 1920s.
• B)why the Great Depression occurred.
• C)the high unemployment in Great Britain before World War I.
• D)the high unemployment in Great Britain after World War II.

---

Definitions:

Sustainability

The practice of conducting business in a manner that does not compromise the ability of future generations to meet their needs, emphasizing environmental protection, social equity, and economic health.

Social Entrepreneurship

A practice of starting companies and other organizations to develop, fund, and implement solutions to social, cultural, or environmental issues.

Cause-related Marketing

A marketing strategy where businesses partner with causes or nonprofit organizations to promote a social issue or cause as part of their marketing efforts and to benefit mutually.

Strategic Philanthropy

Strategic philanthropy is a form of corporate social responsibility where companies align charitable activities with their business goals, often to achieve both social and business benefits.