How are interest rates determined in the Keynesian model?
A. money supply, interest rates, government spending, supply, price and output
B. money supply, interest rates, investment, demand, price and output
C. money supply, savings, consumption, demand, price and output
Ans: B. money supply, interest rates, investment, demand, price and output
You might also like to view...
Beth is participating in an open outcry Dutch auction. Bidding starts at $500, and her maximum williness to pay is $400. The total number of bidders participating in the auction is 4
Her optimal bid strategy is to buy when the price reaches ________. A) $320 B) $300 C) $375 D) $125
Refer to the figure above. The relative price of S (in terms of T) is
A) 2. B) 1/2. C) 500. D) 1000.
Which of the following statements is NOT true?
A. Economic theory often makes unrealistic assumptions. B. Economists ignore details to focus on complex problems. C. Abstraction is not an important part of economic analysis. D. The word theory means different things to economists and to ordinary people.
If your cumulative Grade Point Average (GPA) after two years of college is 3.0, and your grades for the current semester average 3.5, what will happen to your cumulative GPA? Explain the similarity of this example to the case of marginal cost and average cost.
What will be an ideal response?