how can money be easily exchange itself for goods and services give example
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Answered by
229
Money can be easily exchanged for goods and services ,as it acts as an intermediary in the exchange process,by being a medium of exchange .so,one can buy goods and services with the help of money .
For example
If one needs a pair of shoes,he can buy it with the help of the money ,which acts as a medium of exchange
For example
If one needs a pair of shoes,he can buy it with the help of the money ,which acts as a medium of exchange
Answered by
47
In an economy where money is used money by providing the crucial intermediate step eliminate the need for double coincidence of wants for example it is no longer mandatory for the shoe manufacturers to look for a farmers who will by his shoes at the same time sell him wheat
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