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The text authors make the argument in their discussion of Investment Savings (IS) and Liquidity Preference of Money (LM) that when interest rates are high,
The text authors make the argument in their discussion of Investment Savings (IS) and Liquidity Preference of Money (LM) that when interest rates are high, which of the following statements will be true? Group of answer choices
Companies would rather invest in bonds.
Fewer capital projects will have a positive NPV.
Increasing inventories will have a too high of an opportunity cost.
All of the above are true statements.
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