Examlex
Which of following processes is the primary function of the villi of the small intestine?
Measure Of Value
A standard of value that allows the worth of various goods and services to be compared; often associated with money as a common denominator for value comparison.
Medium Of Exchange
An intermediary instrument used to facilitate the sale, purchase, or trade of goods between parties.
Liquidity Trap
A condition in which interest rates are low and savings rates are high, rendering monetary policy ineffective in stimulating economic growth.
John Maynard Keynes
A British economist whose theories, known as Keynesian economics, had a major impact on modern economic and political theory as well as on fiscal policies of governments.
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