If you had a note of rupees 100, will you be able to use it to buy things in any part of this country? Why? nd does not saye Do you agree with what Manju does?
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This discussion on Though a hundred rupees note can be used to obtain commodities worth RS. 100 from a shop, the value of the paper itself is negligible certainly less than RS. 100. Similarly the value of the metal in a five rupee coin is probably not worth RS 5. Why then do people accepts such note &coins in exchange of goods which are apparently more valuable than these? How do you evaluate this statement? is done on EduRev Study Group by Commerce Students. The Questions and Answers of Though a hundred rupees note can be used to obtain commodities worth RS. 100 from a shop, the value of the paper itself is negligible certainly less than RS. 100. Similarly the value of the metal in a five rupee coin is probably not worth RS 5. Why then do people accepts such note &coins in exchange of goods which are apparently more valuable than these? How do you evaluate this statement? are solved by group of students and teacher of Commerce, which is also the largest student community of Commerce. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for Commerce on EduRev and even discuss your questions like Though a hundred rupees note can be used to obtain commodities worth RS. 100 from a shop, the value of the paper itself is negligible certainly less than RS. 100. Similarly the value of the metal in a five rupee coin is probably not worth RS 5. Why then do people accepts such note &coins in exchange of goods which are apparently more valuable than these? How do you evaluate this statement?
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