Question

explain the medium of exchange function of money with example.​

Answer 1

Answer:

Money serves as a medium of exchange, as a store of value, and as a unit of account. Medium of exchange.

Without money, all transactions would have to be conducted by barter, which involves direct exchange of one good or service for another.

Answer 2

Answer:

Money serves as a medium of exchange, as a store of value, and as a unit of account. Medium of exchange. ... Without money, all transactions would have to be conducted by barter, which involves direct exchange of one good or service for another.

Explanation:

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