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J.m.keynes propounded the theory of

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Answered by rahul123437
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J.M.keynes prpounded the theory of "Liquidity Preference"

Explanation:

  • J.M.Keynes propounded the idea of Liquidity Preference.
  • In macroeconomic theory,liquidity prefernce is that the demand for money,considered as liquidity.
  • The concept was developed by John Maynard Keynes in his book.
  • The General theory of employment,interset,and money.
  • John Maynard Keynes was referred to as the father of Keynesian eEconomics.
  • Keynesian economy is an theory ot total spending within the economy and its effect on output and inflation.

Therefore,J.M.keynes prpounded the theory of "Liquidity Preference"

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