Social Sciences, asked by beddalateja3438, 8 months ago

Define money how does it function as a medium of exchange

Answers

Answered by arpitozha
1

Answer:

Money is a medium exchange because buyers and sellers agree to its common value. Money can lose its value during periods of hyperinflation, when too much money is dumped into an economy.

Explanation:

Answered by Anonymous
0

Answer:

Money is the thing required to buy things

it has different values in different places

it is used as an exchange for whatever  we buy ,be it goods,grocery,clothes etc

it is minted by the government

money is required for everyone

without money basic neccesities of life cannot be fulfilled

PLZ MARK BRAINLIEST AND CLICK ON THE HEART IF U FOUND THIS USEFUL

Similar questions