Match List I with List II
| List I | List II |
| A. Barter Exchange | I. Medium of Exchange |
| B. Money Supply | II. M1 |
| C. Function of Money | III. Goods for Goods |
| D. Measure of Money Supply | IV. Stock Concept |
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 2
The correct answer is option (2) : A-III, B-IV, C-I, D-II
| List I | List II |
| A. Barter Exchange | III. Goods for Goods |
| B. Money Supply | IV. Stock Concept |
| C. Function of Money | I. Medium of Exchange |
| D. Measure of Money Supply | II. M1 |
- A- III : Barter Exchange is the exchange of goods for goods, which is a function of money.
- B-IV : Money Supply is a stock concept.
- C-I : Function of Money includes serving as a medium of exchange.
- D-II : M1 is a measure of money supply. M1 = Currency + Deposits