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In the Short Run in the Keynesian Model,an Increase in the Domestic

question 47

Multiple Choice

In the short run in the Keynesian model,an increase in the domestic money supply would cause domestic output to ________ and the domestic real interest rate to ________.

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Definitions:

Pull System

A production strategy that relies on demand-driven production where products are only made when there is a customer demand, to reduce waste.

Throughput

The rate at which a system generates its products or services over a specific period.

Manufacturing Cycle Time

The total time required to manufacture a product, from the start of the production process to its completion.

Kanban

A scheduling system for lean manufacturing and just-in-time production, which uses visual cues to signal steps in the production process.

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