Keynes's Liquidity Preference Theory Indicates That the Demand for Money

Multiple Choice

Keynes's liquidity preference theory indicates that the demand for money

A) is purely a function of income,and interest rates have no effect on the demand for money.
B) is purely a function of interest rates,and income has no effect on the demand for money.
C) is a function of both income and interest rates.
D) is a function of both government spending and income.