Economy, asked by bawamadhu, 4 months ago

money work as a : 1 meadium of exchange 2 measures of value 3 transfer of value 4 all of above​

Answers

Answered by ishithaeamani
2

Explanation:

Money works as a -

4) all of the above

HOPE IT HELPS !!

Answered by ItZzPriyanka
2

Question:-

money work as a :

1. meadium of exchange

2. measures of value

3. transfer of value

4. all of above

Solution:-

Money refers to a common medium of exchange that is issued under the law of government and acts as a legal tender for the whole country.

The functions of money can be classified into two categories:

  1. Primary function:- The primary function of money includes money as a medium of exchange and money as a measure of value.
  2. Secondary function:- The secondary function of money includes money as a store of value and money as a standard of deferred payment.

Therefore:-

  • Power indicator is not a function of money.
  • And 4 option is the Correct Answer
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