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johnpaul92 johnpaul92
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8 years ago
Suppose the government decided to tighten monetary policy and decrease government expenditures. In the short run in the Keynesian model, the effect of these policies would be to ________ the real interest rate and ________ the level of output.
A) lower; decrease
B) have an ambiguous effect on; decrease
C) raise; decrease
D) lower; have an ambiguous effect on
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Macroeconomics

Macroeconomics


Edition: 8th
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supamansupaman
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johnpaul92 Author
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#2
8 years ago
This answers my question, thank you so much
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