Economy, asked by brainlystargirl, 1 year ago

Heya.... Explain the Gresham's law.... Only in brief... ✌​

Answers

Answered by Khushi99445
5

Here is your answer user.

Attachments:
Answered by krish7012
0

Answer:

In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation.

Similar questions