

InterviewSolution
Saved Bookmarks
1. |
What does money use to communicate? |
Answer» <html><body><p>In market <a href="https://interviewquestions.tuteehub.com/tag/contexts-931844" style="font-weight:bold;" target="_blank" title="Click to know more about CONTEXTS">CONTEXTS</a>, one of the main ways <a href="https://interviewquestions.tuteehub.com/tag/money-25502" style="font-weight:bold;" target="_blank" title="Click to know more about MONEY">MONEY</a> communicates is in the form of prices. Economists typically see <a href="https://interviewquestions.tuteehub.com/tag/price-1165141" style="font-weight:bold;" target="_blank" title="Click to know more about PRICE">PRICE</a> as the <a href="https://interviewquestions.tuteehub.com/tag/outcome-25532" style="font-weight:bold;" target="_blank" title="Click to know more about OUTCOME">OUTCOME</a> of supply and demand, but it is also understood as a signal, and Hayek (1945. 1945Explanation: Kashuuu~</p></body></html> | |