Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:contrastsWith |
classical theory of money
|
| gptkbp:criticizedFor |
monetarist economists
|
| gptkbp:describedBy |
gptkb:The_General_Theory_of_Employment,_Interest_and_Money
|
| gptkbp:developedBy |
gptkb:John_Maynard_Keynes
|
| gptkbp:emphasizes |
liquidity preference
|
| gptkbp:focusesOn |
role of money in influencing aggregate demand
|
| https://www.w3.org/2000/01/rdf-schema#label |
Keynesian theory of money
|
| gptkbp:influenced |
gptkb:economic_policy
|
| gptkbp:proposedBy |
demand for money depends on income and interest rate
changes in money supply affect output and employment |
| gptkbp:relatedTo |
gptkb:IS-LM_model
liquidity trap |
| gptkbp:state |
interest rate is determined by money supply and liquidity preference
|
| gptkbp:usedIn |
macroeconomics
|
| gptkbp:bfsParent |
gptkb:Quantity_Theory_of_Money
gptkb:Quantity_theory_of_money |
| gptkbp:bfsLayer |
7
|