Economics · Business Cycles
The famous macroeconomics assertion that 'Trade-cycle is a purely monetary phenomenon' belongs to which economist?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1J. M. Keynes
- 2Joseph Schumpeter
- 3R. G. Hawtrey✓
- 4A. C. Pigou
Correct answer
R. G. Hawtrey
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