Reason (R) : The demand for money is liquidity preference.
A. Both (A. and (R) are true, (R) is not the correct explanation of (A)
B. Both (A) and (R) are correct, (R) is the correct explanation of (A)
C. Both (A) and (R) are false.
D. (A) is false and (R) is true.
Answer:A
Reason (R) : The demand for money is liquidity preference.
A. Both (A. and (R) are true, (R) is not the correct explanation of (A) B. Both (A) and (R) are correct, (R) is the correct explanation of (A) C. Both (A) and (R) are false. D. (A) is false and (R) is true.