According to neo-Keynesians, the long-run Phillips curve is essentially horizontal
Indicate whether the statement is true or false
F
Economics
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Which of the following decreases the demand for money?
A) an increase in income B) a decrease in real GDP C) an increase in the price level D) expectations of higher bond prices
Economics
Crowding out refers to a decline in ________ as a result of an increase in ________
A) government purchases; private expenditures B) government purchases; tax rates C) private expenditures; government purchases D) tax revenues; unemployment
Economics