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&B; Cbuntry D With 3b0,ou0 annual Gb per capita and a .1 percent annual growth r

ID: 1126234 • Letter: #

Question

&B; Cbuntry D With 3b0,ou0 annual Gb per capita and a .1 percent annual growth rate 9.used the concepts of animal spirits and sentiment to explain economic fluctuations. O A. Milton Friedman O B. Irving Fisher O c. Arthur Cecil Pigou. OD. John Maynard Keynes. According to his theory of animal spirits and sentiment, changes in sentiment cause economic fluctuations through A. changes in government expenditure. O B. changes in household consumption and firm investment. O C. decreases in offsetting movements in exports and imports. D. changes in productivity.

Explanation / Answer

Option D

John Maynard Keynes

Animal Spirits is a term which was used by John Maynard Keynes in oredr to explain why decisions are made even in times of uncertainty involving economic uncertainty

Option D

changes in productivity