Q2 of 24 Page 246

Fill in the blanks:

……………….. is inevitable for capital formation and economic growth.


Savings is inevitable for capital formation and economic growth.


Savings is directly linked with investment, greater he saving more the investment in an economy.


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2

Fill in the blanks:

The most important function of money is that it acts as …………………. .


 2

Fill in the blanks:

Money is a convenient from of storing one’s …………………… .


 3

Match the following:

 4

Write brief answers:

How did Prof. Walker define money?