An explanation after the Great Depression for why output growth would stop is called:
A)the structural stagnation hypothesis.
B)secular stagnation theory.
C)the frictional stagnation hypothesis.
D)the slow growth model.

Question

Quizplus · Accepted Answer

Secular stagnation theory suggests that after the Great Depression, economies might experience prolonged periods of low growth due to factors like insufficient demand, leading to stagnation.

An Explanation After the Great Depression for Why Output Growth