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

question 30

Multiple Choice

In the Keynesian model in the long run,an increase in the money supply will cause

• A)an increase in output and a decrease in the real interest rate.
• B)a decrease in the real interest rate but no change in output.
• C)an increase in the real interest rate and an increase in output.
• D)no change in either the real interest rate or output.

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Definitions:

Tairona Pendants

Artifacts made by the Tairona civilization, indigenous to present-day Colombia, known for their intricate goldsmithing and symbolic designs.

Hammered Gold

A technique in metalwork where gold is shaped and textured through the process of hammering to create objects or decorative elements.

Amulets and Talismans

Objects believed to possess magical or sacral properties, providing protection or bringing luck to the wearer or holder.

Adena

A prehistoric Native American culture that existed in the Ohio Valley area (United States) known for its burial mounds and earthworks.