Multiple Choice
In the Keynesian model,the difference between using monetary and fiscal policy to eliminate a recession is that
A) monetary policy will eliminate a recession quicker than fiscal policy will.
B) fiscal policy will eliminate a recession quicker than monetary policy will.
C) an expansionary monetary policy will leave the economy with a lower real interest rate than an expansionary fiscal policy.
D) an expansionary fiscal policy will leave the economy with a lower real interest rate than an expansionary monetary policy.
Correct Answer:

Verified
Correct Answer:
Verified
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