According to Keynes's Theory of Liquidity Preference,velocity Increases When

question 46

Multiple Choice

According to Keynes's theory of liquidity preference,velocity increases when

• A)income increases.
• B)wealth increases.
• C)brokerage commissions increase.
• D)interest rates increase.

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Definitions:

Tolerance Level

The maximum level of a particular stimulus or condition that can be tolerated before it becomes unacceptable or causes adverse effects.

Sedatives

Substances that induce sedation by reducing irritability or excitement; they often have a calming or soothing effect and may be used to induce sleep.

Cannabis

A psychoactive drug from the Cannabis plant used for medical or recreational purposes, known for its THC content.

Extremely Tired

A state of profound physical or mental fatigue often requiring rest or sleep for recovery.