Which of the following best describes a Keynesian view of a recession?
a. Less investment will lead to a surplus of savings that will drive down the interest rate, which will cause investment to go back up, causing a recession,
b. The exploitation of workers will leave them unable to buy all of what they produce, leading to a recession,
c. A decrease in the supply of money will cause output and price to fall, leading to a recession,
d. Le pending would cause production, employment, and income to fall. This fall in income would then mean less spending. o there is a recession.