In the Keynesian Model in the Long Run,an Increase in the Money

question 11

Multiple Choice

In the Keynesian model in the long run,an increase in the money supply will cause ________ in the real interest rate and ________ the price level.

• A)an increase;an increase
• B)a decrease;an increase
• C)no change;an increase
• D)no change;no change

---

Definitions:

Click-Wrap

A type of agreement where acceptance of terms or conditions is done by clicking on an "I agree" button on a webpage.

Online Communications

Involves the exchange of messages, information, or documents through the internet or electronic devices.

Binding Contract

A legally enforceable agreement between two or more parties that obligates them to perform specific actions or uphold terms.

Time Difference

The variation in time between different geographical locations, caused by the earth's rotation and delineated by time zones.