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Business, 18.08.2021 04:20 kaamri97

The theory of liquidity preference illustrates the principle that a. monetary policy can be described either in terms of the exchange rate or the interest rate.
b. monetary policy can be described either in terms of the money supply or in terms of the interest rate.
c. monetary policy must be described in terms of the money supply.
d. monetary policy must be described in terms of the interest rate.

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