Investment Spending Is Insensitive to Changes in the Interest Rate

Multiple Choice

Investment spending is insensitive to changes in the interest rate and the SRAS curve is upward sloping.According to a monetarist,an increase in the money supply will __________ Real GDP.According to a Keynesian,an increase in the money supply will __________ Real GDP.

A) raise; not change
B) not change; raise
C) lower; lower
D) raise; lower
E) none of the above