Question
In the Keynesian model in the long run, a decrease in taxes causes the price level to ________ and the real interest rate to ________.
In the Keynesian model in the long run, a decrease in taxes causes the price level to ________ and the real interest rate to ________.
a.rise; rise
b.rise; fall
c.fall; rise
d.fall; fall
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Microeconomics
Authors: Robert S. Pindyck, Daniel L. Rubinfeld
7th edition
8131725995, 8131725993, 978-8131725993
