Suppose the government decided to ease monetary policy, then increase taxes. In the short run in the Keynesian model, the effect of these policies would be to ________ the real interest rate and ________ the level of output

A) lower; increase
B) lower; decrease
C) lower; have an ambiguous effect on
D) have an ambiguous effect on; increase

C

Economics

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Recession is the opposite of

A) economic growth. B) economic decay. C) stagflation. D) inflation. E) deflation.

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The above table gives techniques that Fatz Confectionery can use to produce 2,000 pounds of candy. Which technique is technology inefficient?

A) A B) B C) C D) D

Economics