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प्रश्न
How does money act as a measure of value?
एक पंक्ति में उत्तर
उत्तर
Money serves as a measure of value, i.e., a unit of measurement in terms of which the values of all goods and services are measured and expressed.
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Functions of Money
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संबंधित प्रश्न
What is inflation?
Explain how money acts as a measure of value.
Which of the following is a contingent function of money?
State the two primary functions of money.
Which of these is the primary function of money?
‘Which function of money is most closely linked to saving?
Explain the transfer of value function of money.
How does money perform its role as store of value.
Describe how money has removed the defects of the barter system.
Distinguish between limited legal tender and unlimited legal tender.
