Question
Download Solution PDFWho said only money can meet the need for money?
This question was previously asked in
TNUSRB Constable Official Paper (2017)
Answer (Detailed Solution Below)
Option 2 : Walker
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TNPSC Group 2 CT : General Tamil (Mock Test பயிற்சித் தேர்வு)
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Detailed Solution
Download Solution PDFCorrect Answer Walker
Key Points
- Many economists developed definitions of money.
- Among these, definitions of Walker and Crowther are given below:
- “Money is, what money does” - Walker.
- “Money can be anything that is generally acceptable as a means of exchange and at the same time acts as a measure and a store of value" - Crowther
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