CameraIcon

SearchIcon

MyQuestionIcon

New Forms of Money

Dynamic funct...

Question

Dynamic functions of money are related to:

A

exchange of goods and services

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

valuation of goods and services

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

transfer of wealth across different parts of the economy

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

stability and growth of the economy

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is C
stability and growth of the economy

In a dynamic role, money plays an important part in the life of citizens and the economic system.

Suggest Corrections

thumbs-up

3

mid-banner-image

mid-banner-image

Similar questions

Flow of goods and services across different sectors of the economy is called :

Q. Flow of Goods and services and factors of production across different sectors in a barter economy is known is ______________.

Q. Inflation occurs when supply of money is the availability of goods and services in an economy.

Q. _____________ refers to what the households and firms are expected to spend on the purchase of different goods and services in the economy.

Q. ___________________ is the integration and interconnection of world economies where goods, services, capital, and technology are exchanged between countries.

View More

similar_icon

Related Videos

lock

New Forms of Money

ECONOMICS

Watch in App

explore_more_icon

Explore more

New Forms of Money

Standard XII Economics