9. in the 1930s, when keynes was alive, a expansionary fiscal policy, taking everything else constant,...

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9. in the 1930s, when keynes was alive, a expansionary fiscal policy, taking everything else constant, would have led (in the short-run) to_- a relative large increase in y, a smaller increase in p O a relative large increase in p, a smaller increase in y O both y and p increasing with an percentage O only y increased 9. in the 1930s, when keynes was alive, a expansionary fiscal policy, taking everything else constant, would have led (in the short-run) to_- a relative large increase in y, a smaller increase in p O a relative large increase in p, a smaller increase in y O both y and p increasing with an percentage O only y increased

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Answer a relative large increase in P a smaller increase in Y keynes and his followers believe indi... View the full answer