In Liquidity-Preference Theory, an Increase in the Interest Rate Decreases

question 118

True/False

In liquidity-preference theory, an increase in the interest rate decreases the quantity of money demanded, but does not shift the money-demand curve.

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Definitions:

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Double Deprivation

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The employment of children in any work that deprives them of their childhood, interferes with their ability to attend regular school, and is mentally, physically, socially, or morally harmful.

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