Because money serves as a standard for deferred payments<...
Because money serves as a standard for deferred payments
It serves as a store of value
Goods can be bought on credit with pre-determined value
Future trade becomes possible
It serves as a unit of account
It becomes valuable
Correct answer is B
No explanation has been provided for this answer.
Majority of West African labour force is engaged in ...
Palm oil industry is located in Bendel State because the state ...
If the price elasticity of demand for a certain commodity is less than unity, then ...
A major limiting factor of mass production is ...
One of the factors that determine the supply of agricultural produce in Nigeria is ...
Which of the following will cause an increase in cost of production? ...