हिंदी

When the value of commodity is expressed in terms of money it is called ______.

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प्रश्न

When the value of commodity is expressed in terms of money it is called ______.

विकल्प

  • Deposit

  • Price

  • Barter system

  • Transfer of value

MCQ
रिक्त स्थान भरें
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उत्तर

When the value of commodity is expressed in terms of money it is called price.

Explanation:

Money serves as a common unit of account, allowing the value of all different goods and services to be quantified methodically. When the exchange value of a certain commodity is formally expressed using these monetary units, it is commonly referred to as its price.

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अध्याय 6: Meaning and Functions of Money - Exercise [पृष्ठ १५६]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 6 Meaning and Functions of Money
Exercise | Q 44. | पृष्ठ १५६
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