Management Notes

Reference Notes for Management

Who stated, “Bad money drives good money out of circulation, when both of them are full legal tender”?

Who stated, “Bad money drives good money out of circulation, when both of them are full legal tender”?

Who stated, “Bad money drives good money out of circulation, when both of them are full legal tender”?

  1. Irving Fisher
  2. Milton Friedman
  3. M. Keynes
  4. Thomas Gresham

Correct answer: Thomas Gresham

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