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When money allows people to buy more goods and services and ensures fair distribution, which aspect of money is being stressed?

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Question

When money allows people to buy more goods and services and ensures fair distribution, which aspect of money is being stressed?

Options

  • Drive capital formation

  • Raise the standard of living

  • Foster national unity

  • Measure social welfare

MCQ
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Solution

Raise the standard of living

Explanation: 

Higher production and equitable distribution through money improve people’s living conditions, raising the standard of living.

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