Consider the following statements:
A. In a barter system, if there are 3 goods to be exchanged, the required number of prices will be 3.
B. Money does not play its functions in case of inflation.
C. Double coincidence of wants is not a problem in barter system.
D. Paper currencies are token money.
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Money supply and the banking multiplier has come up 74 times in 7 exams since 2005.
This question is on Functions and forms of money, part of Money supply and the banking multiplier in Macroeconomics.
What money does and the different kinds of money.
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Question from the UGC-NET 2025 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.