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What is the function of money

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What is the function of money

Posted by Pravat Rout 4 years, 8 months ago

CBSE > Class 10 > Social Science

2 answers

Prashant Kumar 4 years, 8 months ago

Function 1) A Medium of Exchange: ... Function 2). A Measure of Value: ... Function 3). A Store of Value (Purchasing Power): ... Function 4). The Basis of Credit: ... Function 5). A Unit of Account: ... Function 6). A Standard of Postponed Payment:

0Thank You

Simran Rathore 4 years, 8 months ago

Money act as medium of exchange in transactions

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CBSE > Class 10 > Social Science