accordance with the Keynesiän at people hold as wealth are money and bonds, then if the supply of bonds excee demand this will lead to the price of bonds and the rate of interest A. decreasing, decreasing 3. increasing, increasing C. decreasing, increasing

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Q7

In accordance with the Keynesian liquidity preference theory if the only financial assets
that people hold as wealth are money and bonds, then if the supply of bonds exceeds
the demand this will lead to the price of bonds
and the rate of interest
A. decreasing, decreasing
O B. increasing, increasing
C. decreasing, increasing
O D. increasing, decreasing
Transcribed Image Text:In accordance with the Keynesian liquidity preference theory if the only financial assets that people hold as wealth are money and bonds, then if the supply of bonds exceeds the demand this will lead to the price of bonds and the rate of interest A. decreasing, decreasing O B. increasing, increasing C. decreasing, increasing O D. increasing, decreasing
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