Solved

In the Keynesian Model,the Difference Between No Intervention by the Government

Question 55

Multiple Choice

In the Keynesian model,the difference between no intervention by the government during a recession and intervention using expansionary monetary or fiscal policy is that no intervention will return the economy to its equilibrium level of output ________ than intervention will and at a ________ price level.


A) faster;lower
B) slower;higher
C) slower;lower
D) faster;higher

Correct Answer:

verifed

Verified

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

Related Questions