ECONOMICS
FISCAL POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT a function of our money
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buys stuff
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holds value
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gives value to objects
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is in limited supply
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Explanation:
Detailed explanation-1: -Therefore, power indicator is not a function of money.
Detailed explanation-2: -Money serves several functions: a medium of exchange, a unit of account, a store of value, and a standard of deferred payment.
Detailed explanation-3: -The money supply is the total amount of money-cash, coins, and balances in bank accounts-in circulation. The money supply is commonly defined to be a group of safe assets that households and businesses can use to make payments or to hold as short-term investments.
Detailed explanation-4: -The characteristics of money are durability, portability, divisibility, uniformity, limited supply, and acceptability.
Detailed explanation-5: -The correct answer is Stabilisation of prices.
There is 1 question to complete.