classical economics focused on the role of money as :
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Thus classical economists are of the view, that money facilitates the transaction of goods and services, but it does not influence the quantity of goods and services in any way. ... The increase in supply of money will lead to increase the prices, hence monetary wages.
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Thus classical economists are of the view, that money facilitates the transaction of goods and services, but it does not influence the quantity of goods and services in any way. ... The increase in supply of money will lead to increase the prices, hence monetary wages.
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