Solved

Keynes Argued That When Interest Rates Were High Relative to Some

Question 91

Multiple Choice

Keynes argued that when interest rates were high relative to some normal value,people would expect bond prices to ________,so the quantity of money demanded would ________.


A) increase;increase
B) increase;decrease
C) decrease;decrease
D) decrease;increase

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions