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प्रश्न
How does money help in the distribution of national income?
संक्षेप में उत्तर
उत्तर
- Money facilitates the distribution of national income among people. Total output of a country is jointly produced by different factors of production.
- So this will have to be distributed among them. Money helps in the distribution of national product through the system of factor prices, e.g., wage, rent, interest and profit, which are expressed in money terms.
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Functions of Money
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संबंधित प्रश्न
What is Deflation?
Explain how money acts as a measure of value.
Match the following and select the correct option:
| Column A | Column B | ||
| (i) | Currency Notes | A. | General acceptability |
| (ii) | Demand deposits | B. | Lack of double coincidence of wants |
| (iii) | Feature of money | C. | Legal tender |
| (iv) | Problem of barter exchange | D. | Bank money |
Which money is used to settle debts or make payment in future, it is said to perform the function of:
‘Which function of money is most closely linked to saving?
How does money act as a measure of value?
How does money perform its role as medium of Exchange.
How does money perform its role as store of value.
Explain the contingent functions of money.
Describe how money has removed the defects of the barter system.
