Economics, Econometrics and Finance
8 years ago

Classical School Economists Unveil Impact of Money on Economic Stability.

Ovidius University Annals Economic Sciences Series
Monetary Assumptions From the Classical School Perspective
Liparã Daniel

Paper Summary

The Classical School economists were the first to develop the quantity theory of money, focusing on the role of money in economic stability. They studied the relationship between money and interest rates, highlighting the impact of money on economic activity.

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