Economics · Keynesian Theory

According to Keynes, the demand for money (liquidity preference) depends on?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Interest rate and expectations
2Interest rate only
3Income level and interest rate✓
4Income level only

Correct answer

Income level and interest rate

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According to Keynes, the demand for money (liquidity preference) depends on?

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