Business, 19.05.2020 20:17 mayapril813

Because the liquidity-preference framework focuses on the:

a. short run, it assumes the price level adjusts to bring the money market to equilibrium.
b. short run, it assumes the interest rate adjusts to bring the money market to equilibrium.
c. long run, it assumes the price level adjusts to bring the money market to equilibrium.
d. long run, it assumes the interest rate adjusts to bring the money market to equilibrium.

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Because the liquidity-preference framework focuses on the:

a. short run, it assumes the...