According to Keynes,a shift in liquidity preference is

Question

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Keynes's theory of liquidity preference suggests that the demand for money is not only a function of income but also of the interest rate. A shift in liquidity preference can be seen as a change in the demand for money at given levels of income and interest rates (B), which can manifest as a shift in individuals' preferences for holding money over other assets like bonds for given levels of income and interest rates (C). Additionally, it can be interpreted as a shift in the money demand schedule against the interest rate as income changes (A), making all the provided options correct interpretations of shifts in liquidity preference according to Keynes.

According to Keynes,a Shift in Liquidity Preference Is