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.
Primary School Attendance in World Regions Attending primary school is common but not universal, wo
A noose hanging from a “Liberty Tree” reveals this artist’s bias: The “tar-and-feathering” of a Brit
School of Kano, Namban six-panel screen.
Food policy can drive the food industry
A police record search of 250 incoming Grade 10 at a Secondary School shows that 26 had been ...
The executive legislative "struggle" over foreign policy