This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the Keynesian theory, an exogenous decrease in the demand for money shifts a. the LM curve to ... (Read 26 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
on: Jun 30, 2018
In the Keynesian theory, an exogenous decrease in the demand for money shifts
 
  a. the LM curve to the right.
  b. the LM curve to the left.
  c. the IS curve to the right.
  d. the IS curve to the left.
  e. neither the IS or LM curves.

Question 2

An increase in real dividend income minus taxes represents
 
  A) a pure substitution effect.
  B) a pure income effect.
  C) a combination of income and substitution effects.
  D) neither a pure income effect nor a pure substitution effect.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brittrenee

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


michelleunicorn

  • Member
  • Posts: 565
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

The titration curve of phosphoric acid (H3PO4), a common buffer in biological sy The titration curve of phosphoric acid (H3PO4), a common buffer in biological sy
Cat Got Money Cat Got Money
Shifts between Warm and Cold Periods during the Last 3 Million Years Shifts between Warm and Cold Periods during the Last 3 Million Years
Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
An Environmental Kuznets Curve An Environmental Kuznets Curve
Type III curve. Mortality is highest early in life. Data for a desert shrub (Cleome droserifolia). Type III curve. Mortality is highest early in life. Data for a desert shrub (Cleome droserifolia).
Video: Olfaction. or the sense of smell

For a complete list of videos, visit our video library