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Covid-19 pandemic has seen consumers forgoing cash in favour of contactless and digital payments. According to the theory of liquidity preference, what happens to the
Covid-19 pandemic has seen consumers forgoing cash in favour of contactless and digital payments.
- According to the theory of liquidity preference, what happens to the interest rate? What happens to aggregate demand?
- If the central bank wants to stabilize aggregate demand, how sould it respond?
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Price Theory and Applications
Authors: Steven Landsburg
9th edition
1285423526, 978-1285947877, 1285947878, 978-1285423524
