In the short run in the Keynesian model, a sharp increase in oil prices would leave the economy with a ________ level of output and a ________ real interest rate
A) higher; lower
B) lower; higher
C) lower; lower
D) higher; higher
B
Economics
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The supply of land is perfectly __________.
Fill in the blank(s) with the appropriate word(s).
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Why do insurance companies often find it necessary to purchase re insurance?
What will be an ideal response?
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For a particular product, an effective price floor results in
A. quantity demanded equal to quantity supplied. B. quantity supplied greater than quantity demanded. C. demand equal to supply. D. quantity demanded greater than quantity supplied.
Economics