Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 33 - Part XII - Aggregate Demand and Aggregate Supply - Problems and Applications - Page 743: 4

Answer

President Roosevelt was trying to increase the overall (aggregate) demand in the economy.

Work Step by Step

If the aggregate demand was increased, then there could have been a chance that the output would increase back to its long-run levels.
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