Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Explain clearly 11. absolute prices and proportional according the classical theory are depending on : (1 Point) A-capital and money supply. O b- money supply

Explain clearly

image text in transcribed
11. absolute prices and proportional according the classical theory are depending on : (1 Point) A-capital and money supply. O b- money supply and labor and capital . O c- capital and labor and money supply O d- not above. 12. money supply according the classical theory is depending on : (1 Point) O A - quantity of gold and foreign currencies. O b. output and paper money O c. at b. Od. none

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Austro-corporatism Past, Present, Future

Authors: Gunter Bischof

1st Edition

1000675858, 9781000675856

More Books

Students also viewed these Economics questions

Question

2. Information that comes most readily to mind (availability).

Answered: 1 week ago

Question

3. An initial value (anchoring).

Answered: 1 week ago