Keynes Hypothesized That the Precautionary Component of Money Demand Was

question 35

Multiple Choice

Keynes hypothesized that the precautionary component of money demand was primarily determined by the level of

• A)interest rates.
• B)velocity.
• C)income.
• D)stock market prices.

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Definitions:

Theodicies

Philosophical attempts to justify the goodness of God in the face of the existence of evil and suffering in the world.

Total Commitment

A state of being wholly dedicated to a cause or activity with the entirety of one's resources, energy, and being.

Plausible Conception

A notion or idea that appears credible or believable.

Problem Of Evil

The dilemma that emerges from trying to reconcile the belief that God is omnipotent, omniscient, and just with the suffering and evil in the world.