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johnpaul92 johnpaul92
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7 years ago
Suppose the government decided to ease monetary policy, then increase taxes. 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) have an ambiguous effect on; increase
B) lower; decrease
C) lower; have an ambiguous effect on
D) lower; increase
Textbook 

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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7 years ago
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johnpaul92 Author
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7 years ago
This answers my question, thank you so much
wrote...
7 years ago
Glad to be part of your success Wink Face
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