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 decrease.
B. the real interest rate will decrease.
C. taxes will increase.
D. the money supply will decline.
Answer: B
Economics
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A. light trucks. B. gasoline. C. passenger cars. D. All of these are in the PPI.
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If the variable on the vertical axis increases by 24 and the variable on the horizontal axis decreases by 3, the slope of the line is:
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Economics
The? employment-population ratio measures the
What will be an ideal response?
Economics