The Keynesian analysis of aggregate demand indicates that a
decline in the price level causes:

Select one:
a. an increase in the real money
supply, a decline in interest rates,
an increase in investment
spending, and an increase in
aggregate output demanded.

b. a decline in the real money
supply an increase in interest
rates, a decline in investment
spending, and a decline in
aggregate output demanded.

c. a decline in the real money
supply, a decline in interest rates,
an increase in investment
spending, and an increase in
aggregate output demanded

d. an increase in the real money
supply, an increase in interest
rates, a decline in investment
spending and a decline in aggregate output demanded

= an increase in the real money
supply, a decline in interest rates,
an increase in investment
spending, and an increase in
aggregate output demanded.

an increase in the real money

supply, a decline in interest rates,

an increase in investment

spending, and an increase in

aggregate output demanded.

Explanation:

an increase in the real money

supply, a decline in interest rates,

an increase in investment

spending, and an increase in

aggregate output demanded.

an increase in the real money

supply, a decline in interest rates,

an increase in investment

spending, and an increase in

aggregate output demanded.

an increase in the real money

supply, a decline in interest rates,

an increase in investment

spending, and an increase in

aggregate output demanded.

an increase in the real money

supply, a decline in interest rates,

an increase in investment

spending, and an increase in

aggregate output demanded.

an increase in the real money

supply, a decline in interest rates,

an increase in investment

spending, and an increase in

aggregate output demanded.

answer; rapid growth in buyer demand and high buyer switching cost;

answer; monopolistic competition;