According to Liquidity Preference Theory, If the Price Level Decreases

question 103

Multiple Choice

According to liquidity preference theory, if the price level decreases, then

• A)the interest rate falls because money demand shifts right.
• B)the interest rate falls because money demand shifts left.
• C)the interest rate rises because money supply shifts right.
• D)the interest rate rises because money supply shifts left.

Recognize different types of budgets within a corporate setting and their purposes.

Identify the process and benefits of preparing a sales budget.

Explain the role of flexible and static budgets in planning and control.

Understand the concepts of budget slack and goal conflict in budget preparation.

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