how does the use of money make exchange of they easier ? explain with example
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Money acts as a medium of exchange as it facilitates exchange through a common medium i.e currency.With money as a medium the two components of transaction namely , sale and purchase can be easily separated
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Answer: The use of money makes it easier to exchange things because • it is accepted as a medium of exchange. it serves as a unit of value. it solves the problem of double coincidence of wants.
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