In the Keynesian Model in the Short Run,a Decrease in Government

question 28

Multiple Choice

In the Keynesian model in the short run,a decrease in government purchases causes output to ________ and the real interest rate to ________.

• A)fall; rise
• B)fall; fall
• C)rise; rise
• D)rise; fall

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Definitions:

Combo Box

A graphical user interface element that combines a dropdown list or menu with a single-line textbox, allowing users to select an item from the list or enter a new choice.

Lookup Field

In databases, a field that allows the user to select a value from another table or list, enabling a connection between the data.

Multivalue Lookup Field

A type of database field that can store multiple references or values in a single record, often used to link records in different tables.

Candidates

Individuals or options from which a choice can be made, often used in the context of elections or selection processes.