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...Practice questions term class economics money can be used to transfer purchasing power from the present future which specific function of is this called a store value b unit account c medium exchange d double coincidence wants there are two statements given below about effect rise in general price level an economy p it will lead q demand for these true only both and neither nor following formulae incorrect m currency net deposits savings with post office banks time commercial total revenue receipts non recurring nature may create corresponding liability do not increase include loans taken by government said that despite current resource crunch has decided hike its capital expenditure could reason increasing salaries employees repayment mounting interests on international paying pending pensions rapid employment generation through infrastructural projects help reduce fiscal deficit subsidies psu profits investing improving public goods decreasing burden incidence tax debited india s bal...