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21Chp5-Econ3310 - Bond Market Equilibrium Interest Rates...

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Asset Demand Bond Market Equilibrium Interest Rates Market for Money: LPF Equilibrium Interest Rates in LPF The Market For Money: The Liquidity Preference Framework Alternative model, developed by J.M. Keynes, to understand interest rate movements is the liquidity preference framework . Money and bonds are assumed to be the two main asset categories that determine total wealth.
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