Multiple choice

Gresham' s Law in economics is related to

  1. supply and consumption

  2. supply and demand

  3. distribution of goods

  4. circulation of currency

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Gresham's Law is an economic principle stating that 'bad money drives out good'. It relates to the circulation of currency when two forms of commodity money are in circulation.