A temporary decrease in government purchases causes the real interest rate to ________ and the price level to ________ in general equilibrium
A) rise; rise
B) rise; fall
C) fall; rise
D) fall; fall
D
Economics
You might also like to view...
Positive analysis is concerned with "what ought to be," while normative analysis is concerned with "what is."
Indicate whether the statement is true or false
Economics
When would you use a one-tailed rather than a two-tailed t-test when checking significance levels?
What will be an ideal response?
Economics