In the Keynesian model, suppose the Fed wants to keep output unchanged. If the IS curve shifts to the left, and the Fed acts to keep output unchanged, then
A) taxes will increase.
B) the money supply will decline.
C) the real interest rate will decrease.
D) taxes will decrease.
C
Economics
You might also like to view...
________: the schedule that shows how many units of a good that the consumer will purchase at different income levels, all other factors constant
Fill in the blank(s) with correct word
Economics
One concern regarding educational attainment in the U.S. is that:
A. The percentage of adults finishing college is falling B. There are fewer college graduates in science and engineering C. Students are graduating later and later D. Fewer high school graduates are going on to college
Economics