Business, 25.12.2019 00:31 Ilikepandas2019

According to the theory of liquidity preference, tightening the money supply will nominal interest rates in the short run, and, according to the fisher effect, tightening the money supply will nominal interest rates in the long run.

a) increase; increase
b) increase; decrease
c) decrease; decrease
d) decrease; increase

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According to the theory of liquidity preference, tightening the money supply will nominal interest...