Economy, asked by humtsoeabeno, 4 months ago

meaning and function of money and banking​

Answers

Answered by ItzMøøNBøY
3

Explanation:

ᴍᴏɴᴇʏ ɪs ᴏғᴛᴇɴ ᴅᴇғɪɴᴇᴅ ɪɴ ᴛᴇʀᴍs ᴏғ ᴛʜᴇ ᴛʜʀᴇᴇ ғᴜɴᴄᴛɪᴏɴs ᴏʀ sᴇʀᴠɪᴄᴇs ᴛʜᴀᴛ ɪᴛ ᴘʀᴏᴠɪᴅᴇs. ᴍᴏɴᴇʏ sᴇʀᴠᴇs ᴀs ᴀ ᴍᴇᴅɪᴜᴍ ᴏғ ᴇxᴄʜᴀɴɢᴇ, ᴀs ᴀ sᴛᴏʀᴇ ᴏғ ᴠᴀʟᴜᴇ, ᴀɴᴅ ᴀs ᴀ ᴜɴɪᴛ ᴏғ ᴀᴄᴄᴏᴜɴᴛ. ᴍᴇᴅɪᴜᴍ ᴏғ ᴇxᴄʜᴀɴɢᴇ. ᴍᴏɴᴇʏ's ᴍᴏsᴛ ɪᴍᴘᴏʀᴛᴀɴᴛ ғᴜɴᴄᴛɪᴏɴ ɪs ᴀs ᴀ ᴍᴇᴅɪᴜᴍ ᴏғ ᴇxᴄʜᴀɴɢᴇ ᴛᴏ ғᴀᴄɪʟɪᴛᴀᴛᴇ ᴛʀᴀɴsᴀᴄᴛɪᴏɴs.

࿐. \huge\underline{\overline{\mid{\bold{\red{☆ᴍʀ.sʜᴀʀᴍᴀ★}}\mid}}}

Previous Question
Next Question
Similar questions
Computer Science, 2 months ago
pune. (3) Rewrite the following sentence using Indirect Speech : My mother replied, "It does not matter to me that I will not see the flowers in full bloom."​...
Math, 2 months ago
Find: \begin{gathered}\left[\begin{array}{ccc}x-1&2&5-y\\0&z-1&7\\1&0&a-5\end{array}\right] = \left[\begin{array}{ccc}1&2&3\\0&4&7\\1&0&0\end{array}\right]\end{gathered}​...
Physics, 2 months ago
coefficient of static friction between a coin and a gramophone disc is 0.5 radius of the disc is it initially the centre of the con is as away from the centre of the disc at what minimum frequency will it start sleeping from there by what factor will be answer change if the coin is almost at the rim use is equals to r square metre per second...
Economy, 4 months ago
innovation can be.. 1 - bringing a new product 2- designing a new organisation 3- developing a new market 4- all of these​...
India Languages, 4 months ago
pls see the image and answer​...
Math, 9 months ago
Can you please provide me with the answer...
Environmental Sciences, 9 months ago
Whiat is sex Full answer...
Science, 9 months ago
she flattered for a minute make it compound​...