Keynes argued that when interest rates were high relative to some normal value,people would expect bond prices to ________,so the quantity of money demanded would ________.
A)increase;increase
B)increase;decrease
C)decrease;decrease
D)decrease;increase

Question

Quizplus · Accepted Answer

The Answer of Keynes argued that when interest rates were high relative to some normal value,people would expect bond prices to ________,so the quantity of money demanded would ________.
A)increase;increase
B)increase;decrease
C)decrease;decrease
D)decrease;increase

Keynes Argued That When Interest Rates Were High Relative to Some