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Author Question: The Keynesian mechanism through which monetary policy affects the price level, real GDP, and ... (Read 64 times)

LaDunn

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The Keynesian mechanism through which monetary policy affects the price level, real GDP, and employment depends on the impact of the:
 a. interest rate on savings.
  b. inflation on investment.
  c. interest rate on investment.
  d. interest rate on bond prices.

Question 2

The number of people officially unemployed is not the same as the number of people who can't find a job because:
 a. the armed forces is included.
  b. some people have jobs but continue to look for a better one.
  c. some people who can't find a job become discouraged and quit looking.
  d. none of these.



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Amiracle

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Answer to Question 1

c

Answer to Question 2

c




Amiracle

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