In the Keynesian model, suppose the Fed sets a target for the real interest rate. If the IS curve shifts to the left, and the Fed wants to keep output unchanged
A) taxes will increase.
B) the money supply will decline.
C) the real interest rate will decrease.
D) taxes will decrease.
C
Economics
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Free trade refers to trade between countries without government restrictions
Indicate whether the statement is true or false
Economics
The difference between GNP and GDP is accounted for by:
(a) Depreciation; (b) Net factor income from abroad; (c) Indirect Taxes/subsidies; (d) Transfer Payments.
Economics