According to the traditional Keynesian school of thought, expansionary fiscal and monetary policy will:
a. increase interest rates, thereby shifting the investment function to the right.
b. reduce both consumption and investment spending, thereby eliminating all inflationarypressur es.
c. reduce investment spending, thereby stabilizing the aggregate supply shocks.
d. stimulate both consumption and investment spending, thereby increasingaggregate demand.
e. shift the aggregate demand curve to the left, thereby reducing the unemployment rate.
Question 2
If banks faced a 100 percent reserve requirement, a decrease in banking reserves of 4 million would:
a. increase the money supply by 4 million.
b. increase the money supply by 400 million.
c. decrease the money supply by 4 million.
d. decrease the money supply by 400 million.
A young Lipizzan at the Spanish Riding School in training equipment, wearing saddle, bridle and long
In 1879 an army officer founded the Carlisle School in Pennsylvania to “civilize” young Indians. The
Sen lines in traditional Thai massage.
Environmental policy
The traditional human karyotypes derived from a normal female and a normal male
Key foreign policy agencies