how does the use of money make it easier to exchange things ?
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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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- The use of money makes it easier to exchange things because :
➜It is accepted as a medium of exchange..
➜System of accounting..
➜It serves as a unit of value..
➜It solves the problem of double coincidence of wants..
➜Store of value, Transfer of value, Measure of value..
➜Money is easy to carry from place to place rather than other items..
➜problems In trading indivisible good..
➜Because of the above reasons we can say exchange of money make easier to purchase or sell the things..
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