Liquidity-preference and the classical theories

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What is the variable that balances the money demand and supply in the liquidity-preference and the classical theories?

a. the interest rate in both theories

b. the price level in both theories

c. the interest rate in the liquidity-preference theory and the price level in the classical theory

d. the price level in the liquidity-preference theory and the interest rate in the classical theory

Reference no: EM13831338

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