Money helps in capital formation and economic development of the economy
True or False with Reasons:
Money helps in capital formation and economic development of the economy.
Anurag Pathak Changed status to publish December 15, 2023
True,
Money as a ‘standard of deferred payments’ simplifies the borrowing and lending operations, which help in capital formation and economic development.
Anurag Pathak Changed status to publish December 15, 2023