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    Understanding Modern Economics
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    Exam 14: The Monetary Policy Approach to Stabilization  
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    Keynesian Economists Believe That Monetary Policy Works Through Its Effect
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Keynesian Economists Believe That Monetary Policy Works Through Its Effect

Question 16

Question 16

Multiple Choice

Keynesian economists believe that monetary policy works through its effect on


A) consumer confidence.
B) the federal budget deficit.
C) long-run aggregate supply.
D) the interest rate.

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