answersLogoWhite

0


Best Answer

theres a jug and a mug

User Avatar

Wiki User

12y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

6mo ago

The jug and mug theory is a metaphor used in economics to explain the concept of money supply. In this theory, the economy is compared to a jug that represents the total money supply, and individual transactions are represented by mugs that hold differing amounts of money. When money is transferred from one mug to another, it represents the flow of money in the economy.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the jug and mug theory?
Write your answer...
Submit
Still have questions?
magnify glass
imp