The classical economists focussed on the role of money as
A) medium of exchange
B) medium of distribution
C) wealth
D) link between present and future
Correct Answer:
Verified
Q13: The shape of Laffer curve is
A)inverted u
Q14: The curve which explains relationship between tax
Q15: According to New classical Economics
A)anticipated policy change
Q16: According to New Classical Economics Philips curve
Q17: Liquidity trap is a situation when,
A)all potential
Q19: According to Milton Friedman Theory of permanent
Q20: The classical model of economic development emphasises
A)laissez-faire
Q21: Assertion (A): According to Keynes, individuals hold
Q22: Speculative demand for money is zero when
Q23: Assertion (A) : There exits inverse relationship
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents