Who First Proposed the Theory of Liquidity Preference

question 104

Multiple Choice

Who first proposed the theory of liquidity preference?

• A) Adam Smith
• B) John Maynard Keynes
• C) David Ricardo
• D) Irving Fisher

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Definitions:

Ledbetter V. Goodyear

A U.S. Supreme Court case involving gender pay discrimination, leading to discussions and legal reforms concerning equal pay for women.

Discriminatory Treatment

occurs when individuals or groups are treated unjustly or less favorably than others based on characteristics such as race, gender, age, or religion.

Civil Rights Act

A significant legal measure in the United States that prohibits discrimination on the basis of race, color, religion, sex, or national origin.

Regents of the University of California V. Bakke

A landmark 1978 Supreme Court case that ruled against the use of strict racial quotas in college admissions but upheld the use of race as one factor among many in admissions decisions.