According to Schumpeter(a) Trade cycle is purely monetary phenomenon.(b) Trade cycles occur as a result of innovations which take place in system.(c) Trade cycles result due to faulty business decisions of USA.(d) None of the above.
Answers
Answered by
6
Heya....
See here for your answer....
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Option A is right answer...
Reason...
Trade is the process of exchange of goods and services and the payments in return of that..
So,, trade is the purely monetary phenomenon...
-- Be Brainly...
See here for your answer....
=============
Option A is right answer...
Reason...
Trade is the process of exchange of goods and services and the payments in return of that..
So,, trade is the purely monetary phenomenon...
-- Be Brainly...
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Answered by
3
OPTION A IS THE CORRECT ANSWER
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