Because of price stickiness in the Keynesian model, a decline in investment demand will not cause the
A) LM curve to shift down and to the right in the short run.
B) LM curve to shift in the long run.
C) IS curve to shift down and to the left in the short run.
D) IS curve to shift in the long run.
A
Economics
You might also like to view...
If real disposable income increases, the average propensity to save will
A) decrease. B) increase. C) remain constant. D) initially increase, and then decrease.
Economics
A ________ is a payment or a tax break used as an incentive for an agent to complete an activity
A) tariff B) subsidy C) wage D) rent
Economics