Keynesian Economists Argue That Monetary Policy Works, Through Its Effects

question 67

Multiple Choice

Keynesian economists argue that monetary policy works, through its effects on:

• A) budget deficits and trade deficits.
• B) price and wage flexibility.
• C) interest rates and investment.
• D) the spending and money multipliers.

---

Definitions:

Resistant

Exhibiting opposition or defiance against something or someone, often seen in response to change or authority.

Working

Engaging in physical or mental activities towards the achievement of a task or goal.

Member In Crisis

A group or team member experiencing a critical situation or emergency, requiring immediate support or intervention to resolve the issue.

Generalized

A concept or conclusion that is broad and not specific to one particular instance, often applied widely.