jaikitty1031 jaikitty1031

02-05-2024
Business

Answered

According to liquidity preference theory, the price level and interest rate are
a. positively related as are the interest rate and aggregate quantity demanded.
b. inversely related as are the interest rate and aggregate quantity demanded.
c. positively related, while the interest rate and aggregate quantity demanded are negatively related.
d. inversely related, while the interest rate and aggregate quantity demanded are positively related.

Answer :

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