Social Sciences, asked by jagmohankumar1100, 1 month ago

define medium of exchange​

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Answered by XxMissCutiepiexX
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A medium of exchange is an intermediary instrument or system used to facilitate the sale, purchase, or trade of goods between parties. For a system to function as a medium of exchange, it must represent a standard of value. ... In modern economies, the medium of exchange is currency.

Answered by gunjanlodwalo8
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