English

Mention One Contingent Function of Money. - Economics

Advertisements
Advertisements

Question

Mention one contingent function of money.

Solution

Assisting the operation of a credit system is one of the contingent functions of money. With the gradual expansion of trade and commerce, the credit system has become important. However, money forms the basis of such credit operations performed by the business units in an economy.

shaalaa.com
Meaning and Functions of Money
  Is there an error in this question or solution?
2016-2017 (March)

APPEARS IN

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×