Economy, asked by vaichaku3323, 3 months ago

What possess general acceptability? Bank draft Money Bill of exchange None of these

Answers

Answered by lakshmipriyabiju156
0

Answer:

General acceptability - The thing which acts as money must be easily accepted by all without hesitation for exchange.

Money is anything that possesses general acceptability as a medium of exchange and a measure of value; and performing all other functions which it should perform for a smooth and orderly functioning of the economic system.

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