Question

1. How does the use of money make it easier to exchange things?
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Answer 1

Answer:

Because it is accepted as a median of exchange it serves as a unit of value it solves the problem of double coincidence of wants.

Answer 2

The use of money makes it easier to exchange things because-

• it is accepted as medium of exchange
• it serves as a unit of value
• it solves the problem of double coincidence of wants.

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