to measure the value of goods in term of money is called?
a) price
b) vale
c) cost
d) non of these
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3
Answer:
a) price
Explanation:
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0
Answer:
none of these (d)
Explanation:
Value, as we know, is the ratio of exchange between two goods, and money measures that value through price. ... The value of money, then, is the quantity of goods in general that will be exchanged for one unit of money. The value of money is its purchasing power, i.e., the quantity of goods and services it can purchase
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