Which of the following statements is correct?
A) Both liquidity preference theory and classical theory assume the interest rate adjusts to bring the money market into equilibrium.
B) Both liquidity preference theory and classical theory assume the price level adjusts to bring the money market into equilibrium.
C) Liquidity preference theory assumes the interest rate adjusts to bring the money market into equilibrium;classical theory assumes the price level adjusts to bring the money market into equilibrium.
D) Liquidity preference theory assumes the price level adjusts to bring the money market into equilibrium;classical theory assumes the interest rate adjusts to bring the money market into equilibrium.
Correct Answer:
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Q91: Which of the following statements is correct
Q92: Which of the following is correct?
A)A higher
Q93: If there is excess money supply,people will
A)deposit
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Q98: If,at some interest rate,the quantity of money
Q99: Changes in the interest rate bring the
Q100: A surplus or shortage in the money
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