Economy, asked by mvs26, 11 months ago

explain money as a medium of exchange

Answers

Answered by keerthi124

money acts as an intermediate in exchange process therefore money is called as a medium of exchange

Answered by sabrinanandini2

Money is accepted as a medium of exchange as it is authorized by the Central Government. Money acts as an intermediate in exchange process therefore money is called as a medium of exchange

Previous Question

Next Question

Similar questions

Science, 6 months ago

define National Parks: ...

Math, 6 months ago

Find the area of a quadrilateral ABCD. It is given that diagonal AC= 15 cm. DM and BN are perpendiculars to AC and are of lenghts 3cm and 5cm respectively.Find the area of a quadrilateral ABCD. It is given that diagonal AC= 15 cm. DM and BN are perpendiculars to AC and are of lenghts 3cm and 5cm respectively.

English, 6 months ago

What is the theme of the poem An Elementary school of society? * ans ...

Math, 11 months ago

MONDAY शब्द के अक्षरों से कितने, अर्थपूर्ण या अर्थहीन, शब्द बन सकते हैं, यह मानते हुए कि किसी भी अक्षर की पुनरावृत्ति नहीं की जाती है, यदि (i) एक समय में $4$ अक्षर लिए जाते हैं? (ii) एक समय में सभी अक्षर लिए जाते हैं? (iii) सभी अक्षरों का प्रयोग किया जाता है, किंतु प्रथम अक्षर एक स्वर है?

Math, 11 months ago

EQUATION शब्द के अक्षरों में से प्रत्येक को तथ्यतः केवल एक बार उपयोग करके कितने अर्थपूर्ण या अर्थहीन, शब्द बन सकते हैं?

English, 1 year ago

Short story of i can not climb trees anymore...

Math, 1 year ago

Perimeter of rectangle is 24 unit, it exceed by 4 unit Find the area of rectangle...

Math, 1 year ago

x+105=600006916885698489. Find the value of X in it ...........

explain money as a medium of exchange​

Answers

explain money as a medium of exchange