56.0k views
2 votes
A necessary condition for a money economy to be self-regulating is that

User Vir
by
7.8k points

1 Answer

3 votes
A necessary condition for a money economy to be self-regulating is that interest rates must be flexible in the credit market.
If the interest rates were flexible in the credit market, the money economy will be self regulating, this an important condition for this.
User Mathieu Garstecki
by
8.4k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.