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Money is often defined in terms of the three functions or services that it provides. Money serves:
1. As a medium of exchange
2. As a store of value, and
3. As a unit of account
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∙ 12y ago
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What are three main economics for economic system?
There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .
What are the two main functions of economic system?
Well, regardless of what your teacher tells you, these functions will vary depending upon who is issuing the money. If your central bank is a privately owned Rothschild one, wherein all money is debt, the main function is to rob the populace. If the central bank is a governmental body--exremely rare now; these are universally termed 'terrorists'--then the answers your teacher is looking for will apply.
What of these is not one of the three main economic functions of government?
variability
What is one of the main problems preventing Africa from spending money on economic development?
They do spend money on economic development.
What is money?
Money is any object or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally in the past, a standard of deferred payment.[4][5] Any kind of object or verifiable record that fulfills these functions can be considered money.
What are three main economics for economic system?
There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .
What are the Main Functions Of The System?
The main functions of the reproductive system is to:Fertilization of the eggProduction of spermMake an offspring from the embryo
What are the two main functions of economic system?
Well, regardless of what your teacher tells you, these functions will vary depending upon who is issuing the money. If your central bank is a privately owned Rothschild one, wherein all money is debt, the main function is to rob the populace. If the central bank is a governmental body--exremely rare now; these are universally termed 'terrorists'--then the answers your teacher is looking for will apply.
What are the main functions of reproductive system?
The main functions of the reproductive system is to:Fertilization of the eggProduction of spermMake an offspring from the embryo
What is the main functions of the nervous system?
What is the main function of the digestive system
What of these is not one of the three main economic functions of government?
variability
4 functions of the muscular system?
what are five main functions that are important that the muscular system does?
What are the main functions of reproduction?
The main functions of the reproductive system is to:Fertilization of the eggProduction of spermMake an offspring from the embryo
What is the main functions of a computer?
Its Central Processing System (CPU)
What is the main functions of the mechanical system?
ggsgs
WHAT ARE THE TREE MAIN FUNCTIONS OF THE MUSCULAR SYSTEM?
The main function is movement
What is one of the main problems preventing Africa from spending money on economic development?
They do spend money on economic development.
