Multiple Choice
In the Keynesian model the quantity of money demanded is ________ related to income and ________ related to the interest rate.
A) positively;positively
B) positively;negatively
C) negatively;negatively
D) negatively;positively
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q37: If the _ curve is relatively more
Q38: Everything else held constant,a monetary contraction is
Q39: An increase in the money supply shifts
Q40: In the basic closed-economy ISLM model,the IS
Q41: Aggregate output and the interest rate are
Q43: When the IS and LM curves are
Q44: In the long-run ISLM model and with
Q45: A decline in the money supply shifts
Q46: In the long-run the ISLM model predicts
Q47: In the basic closed-economy ISLM model,the goods