The LM curve shows that, with a fixed supply of money, as GDP rises, the demand for money will ____ and the rate of interest will ____.

In the traditional Keynesian model, an increase in government spending leads to all of the following EXCEPT

A) a higher price level. B) an increase in aggregate demand. C) an increase in consumption. D) higher real GDP.

Due to the regularity of business cycles, implementing the correct monetary policy at the correct time has become relatively straightforward

Indicate whether the statement is true or false