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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Money is ______. - Economics

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Question

Money is ______.

Options

  • acceptable only when it has intrinsic value

  • constant in purchasing power

  • the most liquid of all assets

  • needed for the allocation of resources

MCQ
Fill in the Blanks

Solution

Money is the most liquid of all assets.

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Chapter 5: Monetary Economics - Model Questions [Page 91]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 5 Monetary Economics
Model Questions | Q 2. | Page 91
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