Discussion :: Indian Economy
- In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
A.
Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level |
B.
Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level |
C.
Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level |
D.
Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level |
Answer : Option D
Explanation :
The sequence is Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level.
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