Solved

"A Lower Price Level May Lower the Interest Rate, but Investment

Question 99

Multiple Choice

"A lower price level may lower the interest rate, but investment demand may not respond to this." This is a statement a __________ economist might make as an explanation of why the economy __________ pull out of a recession.


A) Classical; will
B) Classical; may not be able to
C) Keynesian; will
D) Keynesian; may not be able to

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions