According to Keynes, the Impact of an Increase in the Money

question 319

Multiple Choice

According to Keynes, the impact of an increase in the money supply is

• A) a lower interest rate and a larger growth in real GDP.
• B) a lower interest rate and a smaller growth in real GDP.
• C) a higher interest rate and a larger growth in real GDP.
• D) a higher interest rate and a smaller growth in real GDP.

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