In the keynesian-cross model an increase in the real, Ask an Expert

Economics

In the Keynesian-cross model, an increase in the real interest rate shifts the expenditure line _____ and short-run equilibrium output _____.

1. upward; does not change

2. upward; decreases

3. upward; increases

4. downward; increases

5. downward; decreases

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91409328

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