In the Keynesian framework, as long as output is below the equilibrium level, unplanned inventory investment will remain negative, firms will continue to ________ production, and output will continue to ________
A) lower; fall
B) lower; rise
C) raise; fall
D) raise; rise
D
Economics
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In the money market, an excess supply of money is equivalent to an excess supply of bonds
Indicate whether the statement is true or false
Economics
An increase in the money supply would cause the FE line to
A) shift to the right. B) shift to the left. C) remain unchanged. D) remain unchanged if Ricardian equivalence holds; otherwise, shift to the right.
Economics