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According to the Keynesian IS-LM model, what is the effect of the following shock on output, employment, real interest rate, consumption, and investment in the
According to the Keynesian IS-LM model, what is the effect of the following shock on output, employment, real interest rate, consumption, and investment in the Short Run. A wave of credit-fraud increases the frequency with which people make transactions in cash. Output O A. stays unchanged O B. decreases O C. increases Employment O A. stays unchanged O B. decreases O C. increases Real interest rate O A. stays unchanged O B. decreases O C. increases Consumption O A. increases O B. stays unchanged O C. decreases Investment O A. increases O B. stays unchanged O C. decreases
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