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In macroeconomic theory, liquidity preference is the demand for money, considered as liquidity. The concept was first developed by John Maynard Keynes in his book The General Theory of Employment, Interest and Money (1936) to explain the determination of the interest rate by the supply and demand for money. The liquidity preference theory by Keynes was a…
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| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Liquidity preference | is a | demand for money | 0.90 | text |
| Liquidity preference | related to Alternatives | Because | 0.60 | section |
| Liquidity preference | related to Alternatives | Thus | 0.60 | section |
| Liquidity preference | related to Criticisms | In Man | 0.60 | section |
| Liquidity preference | related to Criticisms | Economy | 0.60 | section |
| Liquidity preference | related to Criticisms | State | 0.60 | section |
| Liquidity preference | related to Criticisms | Murray Rothbard | 0.60 | section |
| Liquidity preference | related to Criticisms | Keynes | 0.60 | section |
| Liquidity preference | related to Criticisms | In | 0.60 | section |
| Liquidity preference | related to Criticisms | Rothbard | 0.60 | section |
| Liquidity preference | related to Criticisms | The Keynesians | 0.60 | section |
| Liquidity preference | related to Criticisms | Criticism | 0.60 | section |
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