ECONOMICS
INCENTIVES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Livestock
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Gold
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Check
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Cash
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Detailed explanation-1: -Paper money is of very great advantage to the banks. They can keep their cash reserves against liabilities in this form, for currency notes are full legal tender. (viii) Fiscal advantages to the Government of the paper currency are undoubtedly very great, especially in times of national emergencies like a war.
Detailed explanation-2: -Money supply means the total amount of money in an economy. The effective money supply consists mostly of currency and demand deposits. Currency includes all coins and paper money issued by the government and the banks.
Detailed explanation-3: -Stability. Of all the qualities of good money, stability is probably the most essential one. The value of money cannot change for a long period of time and hence remain stable. If the value of money keeps changing, then it will fail to function as a measure of value and as a standard of deferred payment.
Detailed explanation-4: -The U.S. Dollar. The U.S. dollar, which is sometimes called the greenback, is first and foremost in the world of forex trading, as it is easily the most traded currency on the planet. The Euro. The Japanese Yen. The Great British Pound. The Australian Dollar. The Canadian Dollar. 14-Nov-2021