In Explaining Why the Level of Investment Spending Fell to Such

question 79

Multiple Choice

In explaining why the level of investment spending fell to such a low level during the Great Depression,Keynes argued that

• A)consumers were not saving enough of their income,so there was little credit available to businesses.
• B)the interest rate was too high.
• C)the interest rate was too low.
• D)businesses held bleak expectations concerning future business activity and were unwilling to borrow even at low interest rates.

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Definitions:

IgE

Immunoglobulin E, a class of antibodies produced by the immune system in response to allergens.

Naturally Acquired Active

refers to immunity developed through exposure to the natural occurrence of a pathogen, leading to the formation of memory cells and antibodies without vaccination.

Exposure

Contact with something (like chemicals, radiation) or the state of being exposed, particularly in a context where it may cause harm or disease.

Antigen

A substance that induces an immune response in the body, especially the production of antibodies.