Social Sciences, asked by Anonymous, 10 months ago

The fundamental role of money and banking in macroeconomics and policy making.

Answers

Answered by riyabgp1987
2

Explanation:

The crisis that brust in 2007 has revealed a number of conceptual and methodological flaws of neoclassical economics analysis based on rational behaviour representations agents and micro founded macroeconomic where money and banking are considered as pertaining to the microeconomic of goods and business activities. macroeconomic analysis requires a system approach money and banking both of which are essential for the working any economy system .

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