The Liquidity-Preference Model Was First Introduced By

question 69

Multiple Choice

The liquidity-preference model was first introduced by:

• A) Ben Bernanke in 2008.
• B) John Maynard Keynes in 1936.
• C) Adam Smith in 1776.
• D) John Kenneth Galbraith in 1970.

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Definitions:

Cochlea

A spiral-shaped, fluid-filled inner ear structure that is instrumental in converting sound vibrations into nerve impulses.

Basilar Membrane

A key structure in the cochlea of the inner ear, playing a critical role in sound perception by facilitating the mechanical-to-neural signal translation.

Organ Of Corti

A structure located in the inner ear, essential for converting sound vibrations into nerve impulses, leading to hearing.

Organ Of Corti

A structure in the cochlea of the inner ear that contains hair cells, which act as the sensory receptors for hearing.