The Liquidity Preference Theory Was Developed by

question 24

Multiple Choice

The liquidity preference theory was developed by

• A)James Tobin.
• B)Milton Friedman.
• C)John Maynard Keynes.
• D)William Baumol.

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Definitions:

Ethical Issues

Concerns or dilemmas that involve right or wrong behavior in the business realm.

Institute For Supply Management

A professional organization that provides education, research, and certification for supply management and procurement professionals.

Few Suppliers

Refers to a supply chain strategy where a company relies on a limited number of suppliers for its raw materials or components, aiming to build closer, more collaborative relationships and ensure better quality control.

Vertical Integration

A strategy where a company expands its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor.