What explanation did J. M. Kenes provide about the cause of the Great Depression? A. Increase in output per man hour which was nulified by rise in unemployment B. Cessation of circular income flow which keeps the economy ticking C. Rapid rise in national income and consequent deficit spending by the government D. Expansion of production capacity and sustained decline of production labor-time E. Monopolies amplified capitals normal tendencies toward under constumption

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28 July, 03:23

What explanation did J. M. Kenes provide about the cause of the Great Depression? A. Increase in output per man hour which was nulified by rise in unemployment B. Cessation of circular income flow which keeps the economy ticking C. Rapid rise in national income and consequent deficit spending by the government D. Expansion of production capacity and sustained decline of production labor-time E. Monopolies amplified capitals normal tendencies toward under constumption

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Kylee Hammond · Answer 1

The right answer for the question that is being asked and shown above is that: " C. Rapid rise in national income and consequent deficit spending by the government " The explanation that J. M. Kenes provide about the cause of the Great Depression is that Rapid rise in national income and consequent deficit spending by the government