What effects will the following have on the equilibrium rate of interest? (You should consider which way

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What effects will the following have on the equilibrium rate of interest? (You should consider which way the demand and/or supply curves of money shift.)
(a) Banks find that they have a higher liquidity ratio than they need.
(b) A rise in incomes.
(c) A growing belief that interest rates will rise from their current level.

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Economics

ISBN: 978-0273721307

7th edition

Authors: John Sloman, Alison Wride

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