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Natural Rate Level Quiz

Keynesians conclude that rapidly growing _____ will cause the price level to rise continually, thus generating an inflation.

According to Keynesian analysis, an increase in government spending will shift the aggregate demand curve to the _____, causing output to _____ above the natural rate level.

According to Keynesian analysis, a(n) _____ in government spending will shift the aggregate demand curve to the right, causing output to rise above the natural rate level. The aggregate supply curve will shift _____, and the price level will rise.

According to Keynesian analysis,

According to Keynesian analysis,

According to Keynesian analysis,

According to Keynesian analysis,

According to the Keynesians, inflation is caused by

According to the Keynesians, inflation is caused by

Keynesian analysis indicates that a continually increasing money supply will cause