A unemployment rate interest rate B interest rate price lev

A) unemployment rate; interest rate

B) interest rate ; price level

C) price level ; unemployment rate

D) price level ; interest rate

Classical economists believe that the demand for money will decline if the _________ decreases, while Keynesian economists believe that the demand for money will decline if the _________ increases.

Solution

D) price level ; interest rate

A) unemployment rate; interest rate B) interest rate ; price level C) price level ; unemployment rate D) price level ; interest rate Classical economists believ

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