According to Keynes,a Shift in Liquidity Preference Is

question 43

Multiple Choice

According to Keynes,a shift in liquidity preference is

• A)a shift in the money demand schedule drawn against the interest rate as the level of income changes.
• B)a change in the amount of money demanded for given levels of the interest rate and income.
• C)a shift in individuals' portfolios away from bonds and toward holding an increased amount of money for given levels of the interest rate and income.
• D)Either a or c
• E)all of the above

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Definitions:

ANS

Short for autonomic nervous system, it controls involuntary bodily functions such as heart rate, digestion, and respiratory rate.

Parasympathetic Division

A division of the autonomic nervous system responsible for stimulating "rest-and-digest" or "feed and breed" activities when the body is at rest.

Antagonistic Effects

When two or more factors work in opposition to each other, often seen in pharmacology or physiology.

ANS

Autonomic Nervous System, a part of the nervous system that controls involuntary body functions like heartbeat and digestion.