According the Keynesian Macroeconomic Model,which of the Following Was Responsible

question 177

Multiple Choice

According the Keynesian macroeconomic model,which of the following was responsible for starting the Great Depression?

• A)too little private spending
• B)too little government spending
• C)high taxes
• D)decreases in the quantity of money
• E)decreases in technology

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Definitions:

Invested Capital

The total amount of money that shareholders and debt holders have committed to a company for its operations.

Sales

The activities involved in selling goods or services to customers, including negotiation, closing deals, and transaction processing.

Asset Turnover

A financial ratio that measures the efficiency of a company’s use of its assets in generating sales revenue.

Sales Revenue

The gross revenue is the entirety of income that comes from selling products or services, prior to deducting any costs.