Assertion =money is a sufficient resources in itself Reason =without the additional supply of goods and services the purchasing power - Economics - Money and Banking

Question

Assertion =money is a sufficient resources in itself
Reason =without the additional supply of goods and services the
purchasing power of money falls?

Both a and r are true and r is correct explanation of a
Both a and r are true but r is not explanation of a
A is true r is false
A is false r is true

Komal Rani · Accepted Answer

Dear Student
Here the assertion is false money is not at all a resource it can
be used as a medium of exchange for various resources such as land,
labour, capital etc
Reason is true because the purchasing power of money falls
with time With time with same amount of money lesser resources are
able to purchased so it is necessary for additional supply of goods
and services
So A id false and r is true

regards

Assertion =money is a sufficient resources in itself Reason =without the additional supply of goods and services the purchasing power of money falls? Both a and r are true and r is correct explanation of a Both a and r are true but r is not explanation of a A is true r is false A is false r is true