Which of Keynes's Theories Does Liquidity Preference Refer To

question 12

Multiple Choice

Which of Keynes's theories does liquidity preference refer to?

• A)the effects of changes in money demand and supply on interest rates
• B)the effects of changes in money demand and supply on exchange rates
• C)the effects of changes in money demand and supply on expenditure
• D)the effects of changes in money demand and supply on output

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