According to the Liquidity-Preference Theory,equilibrium in the Money Market Is

question 176

Multiple Choice

According to the liquidity-preference theory,equilibrium in the money market is achieved by adjustments in which of the following?

• A) price level
• B) interest rate
• C) exchange rate
• D) expenditure

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Definitions:

God

God is a supreme being worshipped in various religions and spiritual traditions, often perceived as the creator and overseer of the universe and source of moral authority.

Rule Utilitarian

A person who believes that the best moral action is the one that follows a set of rules, assuming those rules lead to the greatest good for the greatest number when generally applied.

Greatest Happiness

The foundational concept of utilitarianism that proposes actions are right if they aim to promote the greatest happiness for the greatest number of people.

Beneficial Effects

Positive impacts or outcomes that result from certain actions or policies.