Using the Keynesian Model,the Effect of a Government-Imposed Ceiling on Interest

Multiple Choice

Using the Keynesian model,the effect of a government-imposed ceiling on interest rates paid on personal chequing accounts that is lower than the current market interest rate would be to cause ________ in the real interest rate and ________ in output in the short run.

A) a decrease;a decrease
B) a decrease;no change
C) a decrease;an increase
D) an increase;a decrease