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Q: In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?

  • 1
    Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
  • 2
    Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
  • 3
    Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
  • 4
    Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
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Answer : 4. "Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level"

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