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Chako Chako
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Posts: 2948
8 years ago
For a given level of
A) real GNP, changes in interest rates cause an increase of the L(R,Y) schedule.
B) nominal GNP, changes in interest rates cause an increase in the L(R,Y) schedule.
C) nominal GNP, changes in interest rates cause movements along the L(R,Y) schedule.
D) real GNP, changes in interest rates cause a decrease of the L(R,Y) schedule.
E) real GNP, changes in interest rates cause movements along the L(R,Y) schedule.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Correct!
wrote...
8 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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