Multiple Choice
One of the major chains of causation in macroeconomic policymaking is government manipulation of ________ in order to affect ________,and thus ultimately ________.
A) the money supply,the interest rate,equilibrium income
B) the money supply,equilibrium income,the interest rate
C) the interest rate,equilibrium income,the money supply
D) equilibrium income,the interest rate,the money supply
E) equilibrium income,the money supply,the interest rate
Correct Answer:

Verified
Correct Answer:
Verified
Q24: A vertical IS curve comes from the
Q25: From any point above the current LM
Q26: A "easy" money,tight "fiscal" policy combination will
Q27: If the interest rate were to rise,we
Q28: A flat LM curve implies that<br>A)an increase
Q30: The money supply is controlled by the<br>A)New
Q31: With normally-sloped IS and LM curves,an increase
Q32: Given the level of real GDP,the equilibrium
Q33: A flat IS curve implies that<br>A)an increase
Q34: An increase in the money supply will<br>A)decrease