Why can only an economic good serve as money according to Austrian theory? a. If it is
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Question:
Why can only an economic good serve as money according to Austrian theory?
a. If it is not, monetary policy cannot be effective
b. If it is not, no exchange is possible
c. If it is not, it will not be accepted in exchange
d. If it is not, the economy should be centrally planned
Related Book For
Fundamental financial accounting concepts
ISBN: 978-0078025365
8th edition
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
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