Money could be defined as
...Money could be defined as
Options A, B and C
Medium of exchange
Settlement of debt
Medium of payment
Correct answer is A
Money can be defined as anything that is generally acceptable as a medium of exchange (means of payment) and in the settlement of debt. It can also be defined as a medium of exchange recognized by law.
To ensure high employment rate, developing countries should ...
A debenture share entitles its holder to ...
All of the following is the features of optimum population except ...
Which of the following business establishment are not motivated mainly by profit? ...
If a monopolist is incurring short-run losses, this means that his ...
In the firm's production process, marginal cost ...
Economist speaks about ‘opportunity cost’ when a consumer ...