Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

The major primary function of money in modern Economics is to serve as:

/ » Micro Economics 1 solved MCQs / By
Question:

The major primary function of money in modern Economics is to serve as:

A.

A store of value

B.

A medium of exchange

C.

A transfer of value

D.

A standard fordeferred payments

Answer» b. A medium of exchange

Note: The above multiple-choice question is for all general and Competitive Exams in India.