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Introduction to Economics 2
Introduction to Economics 2 Deneme Sınavı
Introduction to Economics 2 Deneme Sınavı Sorusu #349750
Introduction to Economics 2 Deneme Sınavı Sorusu #349750
Of the functions of Money, which one of the following is not about “medium of exchange”?
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Being a measurement unit in quantifying the value of goods and services
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Simplifying and accelerating exchange process of goods and services
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Ensuring to keep purchasing power on hand
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Contributing to ensure and increase the efficiency in economy |
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Being closely related with the prices of goods and services in the country |
Yanıt Açıklaması:
Serving as a Medium of Exchange: The first function of money is to be a medium of exchange. Economic units exchange goods and services on hand with money, and use this money to buy goods and services they want. Money, as a medium of exchange, is a kind of tool simplifying and accelerating exchange process of goods and services.
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