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    Macroeconomics Study Set 10
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    Exam 11: Keynesianism: the Macroeconomics of Wage and Price Rigidity
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    In the Long Run in the Keynesian Model,a Beneficial Supply
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In the Long Run in the Keynesian Model,a Beneficial Supply

Question 72

Question 72

Multiple Choice

In the long run in the Keynesian model,a beneficial supply shock would leave the economy with a higher level of output,but also a ________ real interest rate and a ________ price level.


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

Correct Answer:

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