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Liquidity preference facts for kids

Kids Encyclopedia Facts

In Macroeconomics, the liquidity preference is the demand to hold cash as risk-free wealth. This is also known as Cash preference. The idea was first developed by John Maynard Keynes in his book The General Theory of Employment, Interest and Money (1936).

See also

Kids robot.svg In Spanish: Preferencia por la liquidez para niños

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Liquidity preference Facts for Kids. Kiddle Encyclopedia.