ExamPlay Dark Logo
Đăng nhập

WAEC - Economics (2017 - No. 35)

one of the major functions of money is?
medium of exchange
stable in value
store of value
acceptance by the central bank

Giải thích

Money's most important function is as a medium of exchange to facilitate transactions. Without money, all transactions would have to be conducted by barter, which involves direct exchange of one good or service for another.

Bình luận (0)

Đăng nhập để bình luận
Quảng cáo
BrainBehindX Inc Logo
©2026; Được cung cấp bởi BrainBehindX Inc