Question

How does the use of currency help in exchange of goods? Class 10, Social science​

Answer 1

Answer:

The use of money solves the problem of double coincidence of wants. Money acts as a medium of exchange and serves as a unit of value.

Answer 2

Answer:

Currency is the medium of exchange. A unit of account, and a store of value. When the currency is used to intermediate the exchange of goods. In that case, it is performing a medium of exchange.

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