The Great Depression Is Characterized by a Decrease in Aggregate

question 50

Multiple Choice

The Great Depression is characterized by a decrease in aggregate demand.Of the following factors,which would have caused aggregate demand to decrease?

• A) an increase in the labor supply
• B) an increase in the money supply
• C) an advance in technology
• D) a decrease in expected future income
• E) an increase in government spending

Understand the significance of setting both short-term and long-term financial goals.

Recognize the importance of maintaining adequate insurance coverage as a part of financial planning.

Identify strategies for wise spending and investing decisions within financial planning.

Understand the concept of time value of money and how it affects financial planning.

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