Keynesians believe that an increase in the money supply may lead to
a. a decrease in investment
b. an increase in the interest rate
c. an increase in the price level
d. a decrease in nominal GDP
e. an increase in real GDP
E
Economics
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Refer to the scenario above. What is Sarah's opportunity cost of producing one greeting card?
A) 0.33 earrings B) 0.5 earrings C) 1 earring D) 3 earrings
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Including marginally attached workers in the calculation of the unemployment rate would
A) increase the reported rate. B) lower the reported rate. C) not change the reported rate. D) change the reported rate, but in an unpredictable manner.
Economics