In the midst of the Great Depression, President Roosevelt in a radio address to the nation encouraged everyone to "spend ourselves into prosperity." His advice reflected
A) Say's Law.
B) the expenditure multiplier effect.
C) his view that there should be no saving and no dissaving.
D) his view that induced expenditure was less important than autonomous expenditure.
E) the difference between actual aggregate expenditure and planned aggregate expenditure.
B
Economics
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The demand curve for reserves is:
A) downward sloping. B) upward sloping. C) vertical. D) horizontal.
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