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    3. Agriculture
    4. Agri economics
    5. In Marketing terms, the amount of goods/services purchased by one unit of currency is called _______

    Question

    In Marketing terms, the amount of goods/services

    purchased by one unit of currency is called _______.
    A Currency Power Correct Answer Incorrect Answer
    B Purchasing Power Correct Answer Incorrect Answer
    C Value of money Correct Answer Incorrect Answer
    D Value for money Correct Answer Incorrect Answer

    Solution

    The purchasing power of currency is the quantity of goods and services that can be bought with a monetary unit.

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    Relevant for Exams:

    • APEDA (Assistant Manager & Assistant General Manager)
    • APEDA (AM & AGM)
    • APEDA (Assistant Manager & Assistant General Manager)

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