Question

How can money be easily exchanged it for goods or services? Give example to explain

Answer 1

Money can be easily exchanged for goods and services as money is acceptable as the medium of exchange by the Indian government and money also reduces double coincidence of wants

Answer 2

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Money acts as a medium to exchange itself for goods and services: A person holding money can easily exchange it for any commodity or service that he or she wants. Everyone prefers to receive payments in money and exchanges the money for things he wants .