An increase in the money supply,according to Keynes,will cause investment and real GDP to increase.

Name: An increase in the money supply,according to Keynes,will cause investment and real GDP to increase.
Brand: Quizplus
Rating: 4.9 (60 reviews)

Question

Quizplus · Accepted Answer

Keynesian theory suggests that an increase in the money supply will encourage investment and consumer spending, leading to an increase in real GDP. This is based on the idea that increased access to money will stimulate demand, which in turn will drive economic growth.

An Increase in the Money Supply,according to Keynes,will Cause Investment