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According to Liquidity Preference Theory,an Increase in the Price Level

question 135

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According to liquidity preference theory,an increase in the price level causes the interest rate to


Definitions:

Sign Stimulus

Any stimulus that elicits a fixed action pattern in an animal.

Sign Stimulus

An external sensory cue that triggers a fixed action pattern in an organism, an innate response to a specific stimulus.

Dutch Ethologist

A Dutch ethologist is a scientist from the Netherlands who studies animal behavior through observational and experimental methods.

Habituation

A type of learning in which an animal becomes accustomed to a repeated, irrelevant stimulus and no longer responds to it.

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