If interest rates, prices, and output are all rising, then ...

[dollx]

If interest rates, prices, and output are all rising, then according to the Keynesian model, these changes must be caused by
 
  a. an increase in aggregate supply.
  b. a shift to the right of the LM curve.
  c. a shift to the right of the LM curve.
  d. a shift up in the IS curve.
  e. none of the above.

Question 2

The equilibrium real wage is 25, the money supply equals 15, and k equals 3 . If equilibrium output is 10 then the equilibrium nominal wage is
 
  a. 3.
  b. 4.5.
  c. .22
  d. 5

[Pariscourtney]

Answer to Question 1

D

Answer to Question 2

C