Discuss the concepts of dichotomy and neutrality of money in the classical, neo-classical andKeynesian economics.

In classical economics, the concept of dichotomy refers to the separation of the real and monetary sectors of the economy. According to classical economists such as Adam Smith and David Ricardo, changes in the money supply only affect nominal variables, such as prices and wages, while real variables Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.