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In accordance with the Keynesian liquidity preference theory if the only financial assets that people hold as wealth are money and bonds, then if the
In accordance with the Keynesian liquidity preference theory if the only financial assets that people hold as wealth are money and bonds, then if the supply of bonds exceeds the demand this will lead to the price of bonds and the rate of interest O A increasing, increasing OB. decreasing, increasing OC. Increasing, decreasing OD. decreasing, decreasing
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