In the Keynesian liquidity preference framework, a rise in the price level causes the demand for money to ________ and the demand curve to shift to the ________, everything else held constant

A) increase; left
B) increase; right
C) decrease; left
D) decrease; right

B

Economics

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New growth theory supports the idea that

I. economic growth can continue as long as we keep finding new ideas. II. increases in human capital can lead to greater rates of economic growth. A) I only B) II only C) Both I and II D) Neither I nor II

Economics

When the Federal Reserve lends reserves to depository institutions, it charges them interest. That interest rate is called the

A) federal funds rate. B) loan rate. C) prime rate. D) discount rate.

Economics