a. How do the assets, money, and bonds differ in Keynes's liquidity preference theory? b. How does

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a. How do the assets, money, and bonds differ in Keynes's liquidity preference theory?

b. How does a change in income affect the equilibrium level of the interest rate in Keynes's theory?

c. How does a change in the money supply affect that rate?

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Related Book For  answer-question

Foundations Of Financial Markets And Institutions

ISBN: 9780136135319

4th Edition

Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones

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