Multiple Choice
If interest rates,prices,and output are all rising,then according to the Keynesian model,these changes must be caused by
A) an increase in aggregate supply.
B) a shift to the right of the LM curve
C) a shift to the right of the LM curve.
D) a shift up in the IS curve.
E) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: In the Keynesian model with a variable
Q22: An increase in price expectations in the
Q23: Assuming that as a result of observed
Q24: According to Keynesian theory,the profit-maximizing firm demands
Q25: The Keynesian model differs from the classical
Q27: Cite the difference(s)between the classical and Keynesian
Q28: According to the contract theory of wages,firms
Q29: The Keynesian AD curve differs from the
Q30: In the Keynesian theory of labor supply,price
Q31: According to Keynes' fixed money wage theory,when