The major primary function of money in modern Economics is to serve as:
A) A store of value
B) A medium of exchange
C) A transfer of value
D) A standard fordeferred payments
Correct Answer:
Verified
Q13: Which of the following is Keynesian saving
Q14: Usually an IS curve is a -------line.
A)Vertical
B)Downward
Q15: When consumption and income are equal, saving
Q16: When of the following is correct:
A)1/MPS =
Q17: "Treatise on money' is a book written
Q18: Value of money:
A)Is inversely related to the
Q20: 1- C/Y is defined as:
A)Average propensity to
Q21: Say's Law of market says:
A)Demand creates supply
B)Supply
Q22: The curve showing the possibilities of production
Q23: Which one of the following definition of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents