Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Retnec Retnec
wrote...
Go to Answer
Posts: 1082
Rep: 5 0
6 years ago
Based on the figure above, if the economy was in short-run equilibrium at an output of $700 billion and a price level of 80, which of the following would a Keynesian be likely to recommend?
A) Institute a monetary rule.
B) Wait for the economy to self-correct.
C) Have the Fed expand the money supply.
D) Balance the federal budget.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
Read 63 times
2 Replies
Replies
Answer verified by a subject expert
VilaVila
wrote...
#1
Top Poster
Posts: 684
Rep: 8 0
6 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

Retnec Author
wrote...
#2
6 years ago
You have the correct answer! Smiling Face with Halo
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1132 People Browsing
 120 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4423
  
 160
  
 1579
Your Opinion
How often do you eat-out per week?
Votes: 79
Previous poll results: Which of the following is the best resource to supplement your studies: