Multiple Choice
According to Keynes' theory of money demand,a low interest rate increases the likelihood of a capital ________ and ______ the interest elasticity of money demand.
A) gain on bonds; reduces.
B) gain on money; increases.
C) loss on bonds; reduces.
D) loss on money; increases.
E) none of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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