Multiple Choice
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 increases prices.
Correct Answer:
Verified
Correct Answer:
Verified
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