Which of the following may block the Keynesian transmission mechanism?
A) the loanable funds market
B) aggregate demand
C) interest-insensitive investment
D) the liquidity trap
E) c and d
E
Economics
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The fraction of a change in disposable income that is consumed is called _____
a. autonomous consumption b. induced consumption c. the multiplier d. the marginal propensity to consume e. the marginal propensity to save
Economics
There will be long-run pressure on the price to rise whenever
A. P>ATC.
B. P
Economics