Q153
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
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
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.