Exam (elaborations)
ECS301 october/november exam pack 2022/2023
- Course
- ECS3701 - Monetary Economics
- Institution
- University Of South Africa
ECS301 october/november exam pack 2022/2023 MAY/JUNE Part 1: 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 ...
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