Question : Which of the following statement is correct?
- There is no common denomination under barter exchange to express the exchange ratios.
- Money Supply is a flow concept.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 2 is true and statement 1 is false.
Answer (1)
25th Jan, 2024
Correct Answer:
Statement 1 is true and statement 2 is false.
Solution :
There is no common denomination under barter exchange to express the exchange ratios.
Money supply is a stock concept as it is measured at a particular point of time.
Hence option C is correct .
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