Examlex

Solved

Which of These Items Is NOT a Function of Money

question 17

Multiple Choice

Which of these items is NOT a function of money?


Definitions:

Unilateral Transfer

A one-way transaction where a country provides resources, goods, or money to another country without expecting anything in return.

Foreign Aid

An international transfer made on especially favorable terms for the purpose of promoting economic development.

Domestic Charities

Organizations within a country that are established for philanthropic reasons, focusing on local or national issues and causes.

Unilateral Transfers

transactions in which something of economic value is provided by one party to another without receiving anything in exchange, such as foreign aid or remittances.

Related Questions