When Stock Prices Declined During the Great Depression,it Caused Aggregate

question 90

Multiple Choice

When stock prices declined during the Great Depression,it caused aggregate demand to decrease because

• A) households became more optimistic and increased consumer spending.
• B) household wealth decreased,leading to a decline in consumer spending.
• C) firms' net worth decreased,leading to an increase in investment spending.
• D) the government reduced taxes and increased spending.
• E) the government increased the money supply.

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Definitions:

Competencies

The skills, knowledge, and abilities that are significant for successful performance in a job.

Goal-Directed Behaviors

Actions taken with the intention of achieving predetermined objectives or outcomes.

Internal Force

Influences within an organization or individual that affect its operations, behaviors, and changes, such as company culture or personal motivation.

Absenteeism

The habitual non-presence of an employee at their job, often without good reason.