Question

according to crowter",_______can be defined as anything that is generally accepted as a means of exchange and at the same time acts as a measure and as a store of value
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Answer 1

Answer:

According to crowter, It's MONEY that can be defined as anything that is generally accepted as a means of exchange and at the same time acts as a measure and as a store of value....

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Answer 2

According to Crowther,Money can be defined as anything that is generally accepted as a means of exchange and at the same time acts as a measure and as a store of value.

Explanation:

• Economist Crowther generally considered anything that can be both used as a medium of exchange and measure and store of value as money.
• At present,money is universally accepted as a common medium or unit of exchange for any commercial transaction of goods and services.In other words,it can be used by both buyer and seller as an unit of exchange whenever a good or service is commercially exchanged in the market.
• Money also represents store value for future.Any amount of money earned presently reflect the purchasing power or capacity of the owner of the money for both current and future commercial transactions.It can be used or exchanged during anytime in future.In other words,it reflects the market value or price of goods or services in the market can be used or utilized anytime to purchase those goods or services.