In any economy, what is used as money is determined by?
In any economy, what is used as money is determined by?
Government acceptance commodity standard
Government acceptance of an inconvertible paper standard
Laws and customs
Its use as a store of value
Correct answer is A
No explanation has been provided for this answer.
Which of the following is a motive for holding money? ...
Commercial bank reserves at the Central Bank have the effect of ...
Macroeconomics focuses on the following units in an aggregative manner ...
The theory of consumer behavior is based on all the following assumption except that the ...
The Malthusian theory was concerned about the relationship between ...
The three principal economic unit in any system are ...
An upward movement along the same supply curve result in_____________ ...
Scarcity in Economics generally refers to ...
A smaller industry that grows to cater for the need of the major industry is ...