Home » Economics » Gresham’s law in Economics shows that?Gresham’s law in Economics shows that? Gresham’s law in Economics shows that? A. good drives out bad money B. bad money drives out good money C. the value of money varies inversely with the price level D. gold must be available to maintain the price of paper money Correct Answer: Option B Explanation Related Posts An accurate census is important to a country because it helps? if over a period of time there is more money in the economy than the… Price leadership is? Merchants banks perform all the following functions EXCEPT? An appropriate industrialization strategy in an under-populated country is Which of the following can be considered as being outside the objectives of public finance?
