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Liquidity preference refers directly to Keynes' theory concerning a.the effects of changes in money demand and supply on interest rates. b.the effects of changes in

Liquidity preference refers directly to Keynes' theory concerning

a.the effects of changes in money demand and supply on interest rates.

b.the effects of changes in money demand and supply on exchange rates.

c.the effects of wealth on expenditures.

d.the difference between temporary and permanent changes in income.

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