Exam (elaborations)
Ecs3701 exam pack 2023 COMPLETE STUDY GUIDE 100% GRADED A+
- Course
- Institution
Definition and functions of money (15 Marks) Answer all questions in part 1. 1.1 List and explain the three primary functions of money. (2) Medium of Exchange: money serves as a medium of exchange allowing it to be used as payment for goods and services. As such it promotes economic efficiency...
[Show more]