Social Sciences, asked by tk730442, 8 months ago

explain the role of money as a medium of exchange in point wise​

Answers

Answered by smaran1137
1

Answer:

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Answered by mansisuri26
4

Answer:

1. it removed the concept of barter system

2. it helps in Exchanging goods for value of exchange

3. it removed the problem of double coincidence of wants

4. it helps in measuring the value of every commodity. in terms of money in an economy

5. money as a medium of exchange accepted universally

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