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
Answer: Option D
Solution(By Examveda Team)
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.This Question Belongs to General Knowledge >> Indian Economy
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