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Posted: **Mon May 02, 2022 8:03 am**

: According To The Liquidity Preference Theory How Does An Increase In The Price Level Affect The Interest Rate And Outpu 1 (168.6 KiB) Viewed 22 times

According to the liquidity-preference theory, how does an increase in the price level affect the interest rate and output demanded? The interest rate increases, and output demanded increases. The interest rate decreases, and output demanded decreases. The interest rate decreases, and output demanded increases. The interest rate increases, and output demanded decreases.
Last year you earned $50000. Out of this, you gave $1000 to different charities. What was your contribution to GDP last year? $51000 $1000 $50000 $49000