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Meaning and Functions of Money — Economics STD 10 — Question

ICSE BoardEnglish MediumSTD 10EconomicsMeaning and Functions of Money2 Marks
Question
Discuss any two contingent functions of money.
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Answer

Two Contingent Functions of Money :
(i) Money helps in the distribution of national income.
(ii) Money helps the consumers and producers in maximising their satisfaction and profits.

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