Keynesian economists argue that monetary policy works through its effects on:
a. interest rates and investment.
b. price- and wage-flexibility.
c. budget deficits and trade deficits.
d. the spending and money multipliers.
a
Economics
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In a housing market with a rent ceiling set below the equilibrium rent, as time passes the supply of apartments
A) decreases. B) increases. C) does not change. D) becomes fixed by the government. E) increases while the demand for apartments decreases.
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Refer to the table above. If Bob earns $105,000 per annum, he has to pay a tax of approximately ________
A) $6,400 B) $12,600 C) $18,675 D) $19,600
Economics