Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
NYC NYC
wrote...
Posts: 4146
Rep: 0 0
8 years ago
Which of the following sequence of events occurs in response to a contractionary fiscal policy?
A) Aggregate output decreases, causing money demand to decrease, causing the interest rate to decrease and planned investment to increase.
B) Aggregate output increases, causing money demand to increase, causing interest rates to increase and planned investment to decrease.
C) Aggregate output decreases, causing money demand to increase, causing interest rates to increase and planned investment to decrease.
D) Aggregate output decreases, causing the demand for money to increase, causing interest rates to increase and planned investment to increase.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
Read 119 times
2 Replies
Replies
Answer verified by a subject expert
JesslynJesslyn
wrote...
Top Poster
Posts: 2058
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

NYC Author
wrote...
8 years ago
Perfect answer, thank you
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  985 People Browsing
Related Images
  
 1394
  
 304
  
 256
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 308