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Store of value function of money facilitates transfer of purchasing power from present to future.

+2 votes

asked Mar 9, 2019 in Economics by kratos

Giving reasons, state whether the statements are true or false.

Store of value function of money facilitates transfer of purchasing power from present to future.

neet 2020
monetary economics
class-11
index numbers
applied statistics
class-12

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1 Answer

+6 votes

answered Apr 4, 2021 by kratos

Best answer

True. It facilitates transfer of purchasing power from present to future.

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