Examlex
Which of the following statements is NOT true about leveling?
Medium Of Exchange
An intermediary instrument used to facilitate the sale, purchase, or trade of goods between parties.
Liquidity Trap
A condition in which interest rates are low and savings rates are high, rendering monetary policy ineffective in stimulating economic growth.
John Maynard Keynes
A British economist whose theories, known as Keynesian economics, had a major impact on modern economic and political theory as well as on fiscal policies of governments.
Supply Of Money
The total amount of money in circulation or in existence in a country.
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