ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following statements is true?
A
Money is a medium of exchange.
B
Money is a unit of account.
C
Money serves as a store of value.
D
all of the above
Explanation: 

Detailed explanation-1: -A statement is true if what it asserts is the case, and it is false if what it asserts is not the case.

Detailed explanation-2: -Which statement is true about Java? Explanation: Java is called ‘Platform Independent Language’ as it primarily works on the principle of ‘compile once, run everywhere’.

Detailed explanation-3: -Correct option-A An invoking function must pass arguments to the invoked function.

Detailed explanation-4: -A tautology is a formula which is “always true” that is, it is true for every assignment of truth values to its simple components.

There is 1 question to complete.