According to the Views of the Classical Economists, If the Money

question 15

Multiple Choice

According to the views of the Classical economists, if the money supply doubles,

• A)relative prices will double.
• B)money prices will be halved.
• C)money prices will double.
• D)real income will double.
• E)there will be no effect on money prices.

---

Definitions:

Human Capital Component

Refers to the economic value of an employee's skill set, including education, training, and experience.

Employees' Skills

The abilities and competencies that employees possess, which contribute to the performance of their job duties.

New Markets

Refers to untapped or emerging sectors or geographic areas where a business can expand its operations or sales.