According to Keynesians, an increase in the money supply will:
a. decrease the interest rate, and increase investment, aggregate demand, prices, real GDP, and employment.
b. decrease the interest rate, and decrease investment, aggregate demand, prices, real GDP, and employment.
c. increase the interest rate, and decrease investment, aggregate demand, prices, real GDP, and employment.
d. only increase prices.
a
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The nonwhite percentage of the U.S. population rose after the Civil War
Indicate whether the statement is true or false
If butter is a substitute for margarine, then an increase in the price of butter would be most likely to cause:
a. a rightward shift of demand for margarine. b. a leftward shift of demand for margarine. c. the quantity demanded for margarine to increase. d. the quantity demanded for margarine to decline. e. a decline in the price of margarine.
If the United States has reason to believe that the trade policies of another country violate the GATT, then to which organization do they send their complaint?
A. the World Trade Organization (WTO) B. the International Monetary Fund (IMF) C. the United Nations (UN) D. the World Bank (WB)
Assuming all excess reserves are loaned out, if the reserve ratio is 3.33 percent, the money multiplier will be equal to:
A. 0.67. B. 3.33. C. 6.67. D. 30.