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

Correct Answer: Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level

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.
Bissoy MCQ
#General Knowledge #Indian Economy

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