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.
Increasing Costs of Natural Disasters
The Keynesian IS/LM Model
Economic activity as viewed by environment and ecological economists
The melting of glaciers and ice sheets is making an increasing contribution
Effect of Increasing the Investment Rate on the Steady State
Increasing/decreasing Functions