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

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Definitions:

Masking Stimuli

Visual or auditory stimuli that interfere with the perception of another stimulus, making it harder to detect or understand.

Subliminal Sensation

The process of responding to stimuli that are below the threshold of conscious awareness.

Interpret Loudness

The process of perceiving and understanding the intensity or volume of sound.

Hair Cell's Response

The reaction of specialized sensory cells in the inner ear that convert sound vibrations into neural signals which are then interpreted by the brain.