Social Sciences, asked by Jessica5563, 1 year ago

How can money be easily exchanged for goods and services?

Answers

Answered by Anonymous
11
hi friend....here is your answer
money can be easily exchange for good and services and money is accepted as medium of exchange as it is authorised by the government of the country for example Indian currency is authorised by RBI money act as a intermediate between the exchange process and it also resolve the problem of "double coincidence of wants".
Answered by pauljason
1

Answer:

. Money as a standard medium of payments can easily be exchanged for any commodity or service because transactions involving money only involve the use of money which in turn is very convenient as against the double coincidence of wants.

Explanation:

hope this  helps...

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