John Maynard Keynes created the aggregate expenditures model based primarily on what historical event?
A)bank panic of 1907
B)Great Depression
C)spectacular economic growth during World War II

Question

Quizplus · Accepted Answer

The Great Depression was a severe worldwide economic depression that began in the United States in the 1930s. The aggregate expenditures model was developed by John Maynard Keynes in response to the Great Depression.

John Maynard Keynes Created the Aggregate Expenditures Model Based Primarily