In the Keynesian model in the long run,a decrease in the money supply will cause
A) a decrease in output and an increase in the real interest rate.
B) an increase in the real interest rate but no change in output.
C) a decrease in the real interest rate and a decrease in output.
D) no change in either the real interest rate or output.
Correct Answer:
Verified
Q46: In the Keynesian model,which curve is vertical?
A)LRAS
B)SRAS
C)AD
D)NS
Q47: In the Keynesian model in the short
Q48: In the Keynesian model,when the economy is
Q49: In the Keynesian model in the short
Q50: In the Keynesian model in the long
Q52: In the Keynesian model in the short
Q53: In the Keynesian model in the short
Q54: In the Keynesian model in the short
Q55: According to Keynesians,the primary reason money is
Q56: In the Keynesian model,money is
A)neutral in both
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents