A-LevelEconomicsThe macroeconomy9708/31 · Oct/Nov 2019 · Q271 Mark

According to Keynesian theory, what will cause the rate of interest to rise? A a decrease in liquidity preference B a decrease in the level of national income C a decrease in the rate of investment D a decrease in the supply of money

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2019). The mark or mark type is shown in brackets.

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Oct/Nov 2019 Paper 3 Variant 1, question 27.

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