Question

How do currency notes act as a medium of exchange

Answer 1

the currency note is a medium of exchange so to overcome the problems of double coincidence of wants and also the product sometimes can't be divided to obtain a variety of exchange such as wheat a milkman and a cow rearer with a man who wants to sell cow and take wheat milk and some cow products here currency notes can act as a medium of exchange as it is also accepted in a specific country



Hope it helps