According to Keynesians,fiscal policy affects
A) Real interest rates only.
B) Aggregate spending,prices,and nominal interest rates only.
C) Aggregate spending,real output,and real interest rates,with possible effects on prices and nominal interest rates.
Correct Answer:
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Q66: According to monetarists,the aggregate supply curve is
A)Upward-sloping
Q67: Assuming the aggregate supply curve is vertical,which
Q68: If the real rate of interest is
Q69: If the anticipated inflation rate is 5
Q70: Lower interest rates redistribute income from
A)Lenders to
Q72: Which of the following is a monetarist
Q73: When monetary policy reduces interest rates,
A)The income
Q74: Assuming the aggregate supply curve is upward-sloping,which
Q75: Which of the following is consistent with
Q76: If the economy is in the vertical
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