Gresham's Law vs economics
economics vs Gresham's LawGresham's Law and economics both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| Gresham's Law | Yes | No | No | No |
| economics | Yes | No | No | No |
| Gresham's Law (noun) | economics (noun) |
|---|---|
| (economics) the principle that when two kinds of money having the same denominational value are in circulation the intrinsically more valuable money will be hoarded and the money of lower intrinsic value will circulate more freely until the intrinsically more valuable money is driven out of circulation; bad money drives out good; credited to Sir Thomas Gresham | the branch of social science that deals with the production and distribution and consumption of goods and services and their management |
Words related to "Gresham's Law"
Words related to "economics"
- Gresham's Law
- capital account
- constitutional economics
- consumption
- deflationary
- easy
- econometrics
- economic consumption
- economic science
- economic theory
- finance
- game theory
- inflationary
- macroeconomics
- managerial economics
- marginal utility
- microeconomics
- monopoly
- monopsony
- moral hazard
- nominal
- normative economics
- oligopoly
- political economy
- positive economics
- production
- productivity
- real
- rent seeking
- rent-seeking
- social science
- spillover
- supply-side economics
- theory of games
- tight
- transaction cost
- usance
- use
- use of goods and services
- utility
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