Which View of the Causes of the Great Depression Emphasizes

question 8

Multiple Choice

Which view of the causes of the Great Depression emphasizes the decline in the money supply which caused aggregate demand for goods and services to shrink,leading businesses to cut production and employment?

• A) The Monetarists'
• B) The Keynesians'
• C) The Austrians'
• D) The International View

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Definitions:

Reactance

A motivational reaction to offers, persons, rules, or regulations that threaten or eliminate specific behavioral freedoms, often resulting in a desire to regain the restricted freedom.

Psychotherapy

A therapeutic treatment involving psychological techniques, aimed at overcoming mental health problems or emotional issues.

Psychopharmacology

Psychopharmacology is the study of how drugs affect the mind, emotions, and behaviors.

Psychoanalysis

The term Freud used for both his theory of personality and his therapy for the treatment of psychological disorders; the unconscious is the primary focus of psychoanalytic theory.