What is the theory of liquidity preference? How does it help explain the downward slope of the

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What is the theory of liquidity preference? How does it help explain the downward slope of the aggregate-demand curve?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 06:21 AM

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What is the theory of liquidity preference? How does it help explain the downward slope of the

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The theory of liquidity preference is Keyness theory of how the interest rate is determ...View the full answer

Principles of economics

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