Who stated that “Trade Cycle is purely a monetary phenomenon”.

Related MCQs

• Which economist proposed that “ Inflation is always and everywhere a monetary phenomenon”
• According to Hayek’s overinvestment theory of trade cycle, fluctuation of investment occurs when
• During the phases of recession of a trade cycle
• During the downward phase of trade cycle, the central bank of the country should
• During the upward swing of the trade cycle, the central bank of the country will
• Which of the following describes best a typical trade cycle?
• Which of the following is a monetary measure to control inflation in an economy?
• Government may pursue inflationary monetary policies
• Which of the following is phenomenon that leads to Hyperinflation?
• Who stated, “Bad money drives good money out of circulation, when both of them are full legal tender”?