Keynesians Believe That the Difference Between Using an Increase in the Money

question 83

Multiple Choice

Keynesians believe that the difference between using an increase in the money supply compared with an increase in government spending to increase aggregate demand in the event of a recession is that if government spending is increased,________ will be ________ than if the money supply is increased.

• A)real interest rate; higher
• B)real interest rate; lower
• C)the price level; lower
• D)the price level; higher

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Definitions:

Jim Crow

Refers to a set of laws and practices in the southern United States that enforced racial segregation and discrimination against African Americans after the Civil War.

Segregationists

Individuals or groups who support the practice of separating people based on racial, ethnic, or other differences, often upheld through laws or social norms.

Local Clergyman

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