Keynes Explained That Recessions and Depressions Occur Because of

question 337

Multiple Choice

Keynes explained that recessions and depressions occur because of

• A)excess aggregate demand.
• B)inadequate aggregate demand.
• C)excess aggregate supply.
• D)inadequate aggregate supply.

---

Definitions:

Pilgrimage Routes

Paths or journeys to sacred places undertaken by devotees as a form of spiritual quest or devotion.

Romanesque Period

A style of European architecture and art from the 11th to the 13th century, characterized by semi-circular arches, robust structure, and decorative sculptures.

Last Judgment

A common theme in Christian art depicting the final judgment by God of all humanity, illustrating the salvation of the faithful and the damnation of the wicked.

Gislebertus

A Romanesque sculptor, known for his work on the Cathedral of Saint Lazare in Autun, France, particularly noted for his expressive sculptures of biblical scenes.