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प्रश्न
How does money act as a measure of value?
एका वाक्यात 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
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
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संबंधित प्रश्न
What is inflation?
What is Deflation?
The function of money which allows a person to pay for a commodity at a future date is called as ______.
State the two primary functions of money.
______ are termed as Legal Tender Money.
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 of these is the primary function of money?
Which money is used to settle debts or make payment in future, it is said to perform the function of:
Explain the secondary functions of money.
Describe how money has removed the defects of the barter system.
