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Author Question: According to Keynesian economists, which of the following is not a consequence of increasing the ... (Read 82 times)

tiara099

  • Hero Member
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  • Posts: 588
on: Jun 30, 2018
According to Keynesian economists, which of the following is not a consequence of increasing the money supply?
 a. A lower interest rate.
  b. Greater investment.
  c. Lower real GDP.
  d. Higher real GDP.

Question 2

Brian Vargo, an auto repair mechanic who remains unemployed because he refuses to work for less than 1,000 an hour, is:
 a. counted as part of the labor force.
  b. considered frictionally unemployed.
  c. an underemployed worker.
  d. not counted as part of the labor force.
  e. considered as productively active.


robbielu01

  • Sr. Member
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  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


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