Question

Explain any two main functions of money?​

Answer 1

Everything is bought by money...bro...Wikipedia p lady le

Answer 2

☆hey!!☆

☆______☆

Money in an economic system is used to facilitate the exchange of goods and services and help in carrying out trade smoothly.

☆Its two main functions are:-☆

• 1)Medium of Exchange: Money facilitates the buying and selling of goods.

☆example:-☆

• it serves as the common medium of exchange. Everything is bought and sold through the help of money.

• it serves as the common medium of exchange. Everything is bought and sold through the help of money.It has helped to overcome all the short comings of Barter system. By serving as a very convenient medium of exchange, money has made the present complex system of trade to function effectively.

☆2)Money as a Measure of Value:-

• Money is the measuring rod by which the values of other commodities and services are expressed.

• by which the values of other commodities and services are expressed.Without a measure of value there can be no pricing process. Without a pricing process organised marketing and production is not possible.

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°•☆hope help u☆•°