What is meant by the standards of deffered payments?
Answers
Explanation:
In economics standard of deferred payment is a function of money. It is the function of being a widely accepted way to value a debt, thereby allowing goods and services to be acquired now and paid for in the future. ... The other three being medium of exchange, store of value, and unit of account...
Answer:
In economics standard of deferred payment is a function of money. It is the function of being a widely accepted way to value a debt, thereby allowing goods and services to be acquired now and paid for in the future. ... The other three being medium of exchange, store of value, and unit of account.
Explanation:
ye toh hogyi tumhari defination now let me explain...
standard of deffered payment ek aesi payment hai Jo tum Karo kisi ko aur tym to tym uski value bhi change naa ho
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