Using the Keynesian Model,the Effect of a Government-Imposed Ceiling on Interest

question 62

Multiple Choice

Using the Keynesian model,the effect of a government-imposed ceiling on interest rates paid on personal checking accounts that is lower than the current market interest rate would be to cause ________ in the real interest rate and ________ in output in the short run.

• A)a decrease; a decrease
• B)a decrease; no change
• C)a decrease; an increase
• D)an increase; a decrease

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Definitions:

Automated Tolerance-Check

The use of software or systems to automatically compare technical specifications against predetermined tolerances or standards.

System Reliability

The probability that a system or component will perform its required functions without failure under stated conditions for a specific period of time.

Module Variation

Differences or variations in modules or components that can affect product assembly, performance, or customization options.

Doohickey

A non-technical nomenclature for a small, often unspecified or unnamed object or gadget.