One of the following is not the assumptions behind the classical quantity theory of money (a) Say's

Question:

One of the following is not the assumptions behind the classical quantity theory of money

(a) Say's law of markets

(b) Full employment of resources

(c) Velocity of circulation of money changes

(d) Volume of goods transacted is fixed.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

Question Posted: