Question
47) According to liquidity preference theory, if the price level increases, then the equilibrium interest rate a.rises and the aggregate quantity of goods demanded rises.
47)
According to liquidity preference theory, if the price level increases, then the equilibrium interest rate
a.rises and the aggregate quantity of goods demanded rises.
b.falls and the aggregate quantity of goods demanded rises.
c.rises and the aggregate quantity of goods demanded falls.
d.falls and the aggregate quantity of goods demanded falls.
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Financial Accounting Making The Connection
Authors: J David Spiceland, Wayne Thomas, Don Herrmann
1st Edition
0077862260, 9780077862268
