The liquidity preference theory ________
A) distinguishes between nominal and real quantities
B) shows that demand for real balances depends on real income
C) shows that demand for real balances depends on the nominal interest rate
D) all of the above
E) none of the above
D
Economics
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Inefficiency is a flaw of a command economy because there is less incentive for resources to flow to their highest-valued uses
a. True b. False
Economics
Which of the following is an example of an ordering cost for goods held in inventory?
A) the cost of storage B) the costs of securing the inventory C) the opportunity cost of using funds to finance the inventory D) the cost of the paperwork necessary to pay for each order
Economics